Sharing his thoughts on the ongoing issues at Blinkit, whose delivery executives are protesting the lowering of their payouts, BharatPe’s former co-founder Ashneer Grover opined that the very concept of 10-minute delivery ‘has no economics.’
“Blinkit /Zepto – problem is not ₹15 for delivery against ₹50. Problem is 10Min delivery has no economics – low ticket size and low margin can never be solved through forced low delivery cost,” tweeted the ex-Shark Tank India judge.
” Blinkit journey: a 90 Min (bull run) –> Next day (bear run) -> 10 Min (bull run) -> ??” he added.
Why are Blinkit delivery workers protesting?
Recently, the Zomato-owned instant delivery service revised its payment structure, reducing the compensation for is delivery partners to ₹15 per delivery, from ₹25. Irate by the move, the delivery workers took to streets in Delhi-NCR, and have been on strike for the past two days.
Zomato’s Gurugram-based grocery unit responded by permanently shutting down some of its dark stores in the city.
“Dear partner, We thank you for providing your services to customers from your store. You all have not been working at the store for the past 3-4 days, and work has not started despite a lot of talks. That’s why the company is having to shut down this store forever. Since this store is being shuttered permanently, we are disabling all of your IDs. For any issue, you can raise a ticket on support,” it said in a message, according to Moneycontrol.
As many as 31 dark stores cater to Blinkit in Gurugram, and only a handful of these are currently operational, the Moneycontrol report said.