In their submission to the Committee on Digital Competition Law, the two food-delivery platforms maintained that the current competition framework sufficient, and that introduction...
Company reports an INR 390 crore year-on-year improvement in EBITDA and a 53 percent year-on-year (YoY) growth of the Consolidated Adjusted Revenue for the...
Zomato acquired Blinkit in 2022 for $570 million. Post-acquisition, Blinkit was kept as a separate app, unlike competing food delivery app Swiggy's convenience and...
Company representatives talked about opening 480 new (net) stores by March 2024, claiming confidence in sustained uptick of EBITDA values in coming quarters.