According to the organisational structure proposed by Zomato prior to the acquisition in the aforementioned letter to the shareholders, HOTPL would be housed under Hyperpure, while Blinkit’s ...
As Zomato continues to outperform competitors like Swiggy, its innovative approach to business models and acquisitions is ...
Zomato had announced the deal to acquire Blinkit for $568 Mn on June 24, following which the listed startup had to face a lot of scrutiny and questions over conflict of interest and disclosure.
Zomato share price has seen solid gains over the last two years, driven by strong earnings and positive broker outlooks. The ...
A few weeks after it announced plans to more than treble Blinkit’s dark store count by 2026, Zomato said on August 28 that it is looking to expand its quick-commerce business to smaller cities.
For example in Haryana, Blinkit is present in Faridabad, Gurgaon, Bahadurgarh, Panchkula, Rohtak, and Sonipat while both ...
Once the Rs 4,447 crore (about $568 million) acquisition of Blinkit is closed, Zomato will experiment with cross leveraging its customers base for Blinkit and vice versa, its Founder and CEO ...
Aswath Damodaran, professor of finance at the Stern School of Business at New York University, has acknowledged that his ...
Zomato's share price tanked over 11 per cent on Monday and more than 7 per cent to hit an all-time low of Rs 43.05 on Tuesday. According to Grover , merging Swiggy would have seen Deepinder Goyal ...
happy rakhi adopted sis, @letsblinkit,” wrote Zomato on X on August 19. Replying to this, Blinkit said: “Adopted nahi acquired hota hai..itna bada hogaya pata nahi kab seekhega.” In 2022 ...
As India celebrates Raksha Bandhan on Monday (August 19), Zomato and Blinkit had a playful exchange of teasing remarks on social media. Zomato which is famous for its funny, creative and memorable ...
‘$2.27 billion project’: NASA picks Lockheed Martin to build its next-gen NOAA satellite 'Operating in 45 cities': Zomato rolls out free weather monitoring service with 650 stations The ...