Blinkit (formerly Grofers) News & Updates

[Harsh_10]

Updated bro

Article is definitely new, but this surge pricing is not.

After rebranding, initially there was no shipping charges. But, after that shipping charges ₹5/₹25 started.

 

[Bapun]

Zomato will be investing $150 million in debt to rescue cash-strapped quick commerce startup Blinkit, the company said in a stock filing on March 15.

Zomato to extend $150-million loan to cash-strapped Blinkit

Blinkit last raised $100 million from Zomato in a round which gave the company a unicorn status.

www.moneycontrol.com

 

[iDJ]

They stopped operating in my area too.

 

[Bapun]

Zomato board likely to approve Blinkit acquisition on Friday

"Pursuant to Regulation 29 of Listing Regulations, as amended, this is to inform you that a meeting of the board of directors of Zomato Limited ("the Company") is scheduled to be held on Friday, June 24, 2022, to discuss a potential acquisition transaction by the Company," the food delivery...

economictimes.indiatimes.com

 

[Bapun]

Online food delivery platform Zomato Ltd. on Friday said it will acquire Blink Commerce Pvt. Ltd. (formerly known as Grofers) for ₹4,447.48 crore in a share-swap deal as part of its strategy of investing in quick commerce business.

Food delivery platform Zomato to acquire Blinkit in ₹4,447-cr. deal

Post the completion of the acquisition, Blinkit and Zomato apps would continue to exist separately

www.thehindu.com

 

[Bapun]

Blinkit set for new pivot; introducing the ET Ecommerce Index

Now the company, which is in the process of being acquired by Zomato, is set for a fresh pivot as it looks to integrate its operations with Hyperpure, the food delivery firms B2B restaurant supply business.

economictimes.indiatimes.com

 

[Bapun]

Blinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomato’s business-to-business restaurant supply business Hyperpure, two people aware of the matter told ET.

Blinkit | Zomato: How Blinkit is integrating with Zomato’s Hyperpure after its long-awaited acquisition

Blinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomatos business-to-business restaurant supply business Hyperpure, two people aware of the matter told ET.

economictimes.indiatimes.com

 

[Jaffer7080]

Blinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomato’s business-to-business restaurant supply business Hyperpure, two people aware of the matter told ET.

Blinkit | Zomato: How Blinkit is integrating with Zomato’s Hyperpure after its long-awaited acquisition

Blinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomatos business-to-business restaurant supply business Hyperpure, two people aware of the matter told ET.

economictimes.indiatimes.com

Uber eats merged with zomato now blinkit will be merged with zomato I think in coming days swiggy also will be merged with zomato.

 

[Detective Conan]

Uber eats merged with zomato now blinkit will be merged with zomato I think in coming days swiggy also will be merged with zomato.

nope i disagree swiggy business doing better compared to zomato , swiggy instamart deliveries doing better in delivering orders on time .

 

[Jaffer7080]

nope i disagree swiggy business doing better compared to zomato , swiggy instamart deliveries doing better in delivering orders on time .

I know bro was just kidding but I think zepto will be merged with zomato.