Blinkit signals costly battle ahead in Indian quick commerce market
Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market. Blinkit now aims to have up to 2,000 dark stores (small warehouses in residential areas that exclusively service online orders), a year ahead of its previous forecast. The company […] © 2024 TechCrunch. All rights reserved. For personal use only.
Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market. Blinkit now aims to have up to 2,000 dark stores (small warehouses in residential areas that exclusively service online orders), a year ahead of its previous forecast. The company […]
© 2024 TechCrunch. All rights reserved. For personal use only.