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Zomato acquires Blinkit for $568 million in instant-grocery delivery push
TechCrunch· 2 years agoZomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million...
India's Zomato sheds nearly $1 billion in valuation over two days after Blinkit deal
Reuters via Yahoo News· 2 years agoShares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight...
Zomato's quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
TechCrunch· 2 weeks agoGoldman Sachs said in a report late Thursday that Indian food delivery giant Zomato's quick commerce...
India's Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says
TechCrunch· 1 month agoIndian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion...
Indian shares suffer worst quarter since pandemic-hit start of 2020
Reuters via Yahoo Finance· 2 years agoBy Chris Thomas and Gaurav Dogra BENGALURU (Reuters) - Indian shares on Thursday ended lower and...
Zomato drops to all-time low as lock-in period ends
TechCrunch· 2 years agoUpdated at 4.15 PM on July 26: Shares of Zomato dropped to as low as 41.25 Indian rupees (52 cents), wiping the company's market cap to $4.11 billion....
Indian shares recover as ONGC, Hindalco rise on commodity rebound
Reuters via Yahoo Finance· 2 years agoBENGALURU (Reuters) -Indian shares recouped early losses to close higher on Tuesday as oil explorer...
Zomato Plunges 11% to Record Low as IPO Lock-Up Period Ends
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Shares of Indian online food-delivery and restaurant platform Zomato Ltd. plunged in...
Morning News Call - India, June 29
Reuters via Yahoo Finance· 2 years agoTo access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Indiamorning/MNC_IN_06292022.pdf If you would like to receive this newsletter via ...
India's Zomato falls on drop in Q3 food delivery business
Reuters via Yahoo Finance· 1 year agoBENGALURU (Reuters) - India's Zomato Ltd fell nearly 7% on Friday after it flagged a drop in its...