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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A change in Blinkit’s business model boosts revenue while core food delivery margins retreat, wiping out operating profits.
On Monday, Eternal, the parent of food delivery platform Zomato, reported its results for the quarter ended June 2025. What stood out was a 70% surge in revenue to Rs 7,167 crore, with quick commerce arm Blinkit contributing more revenue than the core food delivery business for the first time.
But there was also a 90% year-on-year fall in Eternal’s net profit to Rs 25 crore. The sharp decline in profit was on account of Blinkit's capital-intensive expansion, rising marketing expenditure and shrinking margins in the core food delivery business. The company’s total expenses rose 77% to Rs 7,433 crore, …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.
