The turnaround in Blinkit’s profitability could be attributed to the sharp improvement in contribution per order – i.e. profit per order before fixed costs. Simply put, Blinkit earned ₹30 per order or ...
May 1 (Reuters) - Indian online delivery player Eternal (ETEA.NS), opens new tab reported a nearly 78% drop in fourth-quarter profit on Thursday, as its fast-growing quick commerce arm Blinkit spent ...
May 2 (Reuters) - Indian online delivery firm Eternal's (ETEA.NS), opens new tab shares rose on Friday as investors looked past a sharp drop in profit to focus on its quick commerce arm and signs of ...
Eternal‘s quick commerce arm Blinkit reported its first quarterly adjusted Ebitda profit of Rs 4 crore during the October-December quarter, but the company said that profitability will not follow a ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third-quarter ...
Vipin Kapooria, chief financial officer of quick commerce firm Blinkit, has resigned about a year after joining the company, PTI reported on Tuesday. Kapooria, a former Flipkart executive, has “moved ...
As the world returned to work on January 2, Blinkit and Albinder Dhindsa announced the q-commerce's latest offering- a 10 minute ambulance service. Calling it the platform's "first step towards ...