App-based delivery and transport workers across India have logged off from noon till 5pm on Saturday after their union called a nationwide shutdown to protest the latest ₹3-per-litre hike in petrol and diesel prices. https://english.mathrubhumi.com/news/money/swiggy-zomato-blinkit-delivery-partners-join-5-hour-strike-demanding-rs-20-per-km-after-fuel-hike-wzvy8v77?utm_source=dlvr.it&utm_medium=mastodon #Swiggy #Zomato #Blinkit #FoodDeliveryApps #Protest

Times of India | Eternal eyes $20 billion order value as Blinkit drives growth

AI generated summary, Read the full article for complete information.

Eternal, the company formerly known as Zomato, said it will double its annual net order value to $20 billion within the next two years, driven chiefly by the rapid growth of its quick‑commerce arm Blinkit. Blinkit’s Q4 FY26 performance showed a 95.4 % year‑on‑year increase in order value, the addition of 216 new stores to a total of 2,243, and an outlook of more than 60 % annual growth for the next three years, powered by wider assortments, geographic expansion and higher demand density. In the March quarter, Eternal’s total revenue rose 6 % sequentially to Rs 17,634 crore (up about 184 % YoY) and profit jumped 71 % quarter‑on‑quarter to Rs 174 crore, while full‑year revenue surged 162 % YoY to Rs 55,760 crore, though annual profit fell 31 % to Rs 366 crore. The firm targets Rs 1 billion in adjusted EBITDA by FY 2029.

Read more: https://timesofindia.indiatimes.com/business/india-business/eternal-eyes-20-billion-order-value-as-blinkit-drives-growth/articleshow/130585957.cms

#Eternal #Zomato #Blinkit

Eternal eyes $20 billion order value as Blinkit drives growth - The Times of India

India Business News: Bengaluru: Eternal, formerly Zomato, said it expects to double its annual order value to $20 billion in less than two years, led by the continued expa.

The Times of India
Flipkart, propiedad de Walmart, y Amazon están exprimiendo a las nuevas empresas de comercio rápido de la India – ButterWord

Flipkart's ongoing expansion beyond major cities and heavy discounting is raising risks for India's quick commerce startups, analysts say.

ButterWord

Times of India | ₹55 pack sold for ₹60 on quick commerce? Viral post highlights MRP vs selling price mismatch: Why you should check before ordering

Quick commerce apps like Blinkit are facing scrutiny after a viral video revealed a protein bar sold above its printed MRP. This incident, along with other user complaints about product discrepancies and missing refunds on platforms like Amazon and Flipkart, raises concerns about hidden costs beyond convenience. Consumers are urged to verify prices and product details.

Read more: https://timesofindia.indiatimes.com/etimes/trending/55-pack-sold-for-60-on-quick-commerce-viral-post-highlights-mrp-vs-selling-price-mismatch-why-you-should-check-before-ordering/articleshow/129998330.cms

#blinkit #amazon #mrp #quickcommerce #productdiscrepancies

₹55 pack sold for ₹60 on quick commerce? Viral post highlights MRP vs selling price mismatch: Why you should check before ordering - The Times of India

Trending News: Quick commerce apps like Blinkit have made life a breeze. Need snacks at midnight? Groceries in 10 minutes? Done.We've all hit \"place order\" without a.

The Times of India

Blinkit Delivery Agent Stands Motionless For 2 Hours In Chandigarh; Viral Video Sparks ‘Zombie Drug’ Concerns

https://fed.brid.gy/r/https://in.mashable.com/culture/107588/blinkit-delivery-agent-stands-motionless-for-2-hours-in-chandigarh-viral-video-sparks-zombie-drug-co

Eternal has invested Rs 450 crore (about 50M USD) in Blinkit through a rights issue, marking the first capital infusion into the quick commerce company in 2026. The move comes amid intensifying rivalry with Zepto and Swiggy Instamart. https://entrackr.com/exclusive/exclusive-eternal-infuses-rs-450-cr-into-blinkit-as-quick-commerce-rivalry-heats-up-11206006 #India #Tech #QuickCommerce #Blinkit
Exclusive: Eternal infuses Rs 450 Cr into Blinkit as quick commerce rivalry heats up

Foodtech giant Eternal has invested Rs 450 crore (around $50 million) in its quick commerce subsidiary Blinkit through a rights issue. This is the first capital infusion into Blinkit in 2026, after the company received Rs 2,600 crore from Eternal in 2025.

Entrackr
Eternal invests Rs 450 crore in Blinkit, first capital infusion in 2026 after 2,600 crore last year. Quick commerce rivalry intensifies with Zepto and Swiggy Instamart. https://entrackr.com/exclusive/exclusive-eternal-infuses-rs-450-cr-into-blinkit-as-quick-commerce-rivalry-heats-up-11206006 #India #Tech #QuickCommerce #Blinkit
Exclusive: Eternal infuses Rs 450 Cr into Blinkit as quick commerce rivalry heats up

Foodtech giant Eternal has invested Rs 450 crore (around $50 million) in its quick commerce subsidiary Blinkit through a rights issue. This is the first capital infusion into Blinkit in 2026, after the company received Rs 2,600 crore from Eternal in 2025.

Entrackr