Tag: Dark stores
zepto cafe: Zepto ramping up café business; eyes Rs 1,000 ARR in next financial year
Quick commerce platform Zepto is scaling up its cafe business — which sells coffee, croissants and other items — across the country aiming to hit…
Swiggy IPO: Swiggy IPO: Here’s how it stacks up against Zomato
The anchor portion of food and grocery delivery company Swiggy’s initial public offering (IPO) opened on Tuesday with the public issue launching on Wednesday. The…
Swiggy: Swiggy steps up quick commerce investment to Rs 1,179 crore, eyes 741 dark stores
Food delivery platform Swiggy is increasing its investment in its quick-commerce business, Swiggy Instamart to Rs 1,179 crore, up 20% from Rs 982 crore mentioned…
ElasticRun: B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%
Business-to-business (B2B) ecommerce platform ElasticRun reduced its net losses by 42% to Rs 359.6 crore for the financial year ended March 2024, down from Rs…
Blinkit: Blinkit now the largest player in major metros except Chennai, Hyderabad: Zomato CFO
Akshant Goyal, chief financial officer (CFO) of Zomato, said Blinkit has become the largest player in quick commerce across major metropolitan cities, except for Chennai…
Blinkit: Blinkit unit economics hit in July-September on back of investment ramp up
Zomato-owned quick commerce platform Blinkit saw its margins deteriorating sequentially during the July-September quarter as the company invested heavily on infrastructure expansion. Blinkit reported adjusted…
Ola may enter quick commerce sector to compete with Blinkit and Zepto? ‘Future roadmap is…’
Aug 08, 2024 08:37 AM IST The Bhavish Aggarwal company is also likely to launch its own Unified Payments Interface (UPI) offering for consumers. Ola…
piyush goyal ecommerce executives: Commerce minister Piyush Goyal may meet top ecommerce executives on Wednesday
The commerce and industry ministry has invited executives of ecommerce firms including online marketplaces, food-delivery companies, logistics and quick commerce platforms for consultations before finalising…