Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Blinkit is now more valuable than Zomato's food delivery business
short by Infomance / on Saturday, 27 April, 2024
Goldman Sachs reports that Blinkit, an Indian quick commerce firm owned by Zomato, has exceeded its core food delivery business value, with an implied valuation of $13 billion. The Indian quick commerce market is expected to grow at a compound annual rate of 53% during FY2024-27, driven by factors like a large unorganised grocery sector and high population density.
read more at Infomance