Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s growth to achieve profitability, while Swiggy emphasizes...
Swiggy’s Instamart is shifting to inventory ownership, targeting an 80-basis-point improvement in contribution margin.
Swiggy is expanding Instamart's private labels to improve retention, while Blinkit rejects own brands and relies on advertising revenue. Why the divide?
Swiggy cuts Q2 loss 16% to Rs 922 cr on 36% revenue growth; Instamart moves to inventory model next quarter.
Blinkit, Instamart's order numbers show Instamart will break even once it earns Rs 30 per order while Blinkit already earns Rs 28 per order.
While Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private label brand Noice, its recently launched curated fruits and...
Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from operations rose 36% year-on-year to Rs 7,571 crore, indicating some growth...
Blinkit’s lead stems from a business flywheel that has compounded over the years, Majety said, as Swiggy prioritises building a more resilient quick commerce business.
The transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented. It will also give the Bengaluru-based company better...
The company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swiggy said its food delivery platform, excluding budget meals...
Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3 per cent year-on-year (YoY) jump in net profit to INR 125 crore in the second quarter of FY27 (Q2FY27),...
Food delivery firm Eternal posted a net profit of Rs 125 cr in Q2FY27 up 92% from Rs 65 cr in the same period last year as revenue grew 78%
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