Blinkit news and trends

Today in Food Commerce: Instacart and Walmart Canada Launch Virtual C-Store; Gorillas Exits Belgium
Commerce // June 24, 2022

Today in food commerce, Domino’s taps drone delivery, and Instacart and Walmart Canada announce the creation of virtual convenience store Walmart Now. Plus, Gorillas closes its Belgium warehouses. Domino’s Drone Push Lifts Last-Mile Delivery Fight to New Heights  Domino’s, an incumbent in the meal delivery...

Zomato Buying Grocery Delivery Startup Blinkit for $568M
Acquisitions // June 24, 2022

Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report...

India’s Delivery Services Zomato, Blinkit to Merge, Report Says
Delivery // March 15, 2022

Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15). Zomato said it would be loaning as much as $150 million to Blinkit for the...

Indian Startups Promise 10-Minute Grocery Delivery but Spark Safety Concerns
Startups // January 23, 2022

Indian grocery startups are rolling out deliveries in 10 minutes or less, appealing to those who want “quick commerce,” Reuters reported Sunday (Jan. 23). That said, some are concerned about safety, due to bike riders looking to meet the tight deadlines of the deliveries. However,...

Quick Reads
Zomato Buying Grocery Delivery Startup Blinkit for $568M

June 24, 2022
Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report Friday (June 24). The India quick commerce sector was worth […]

India’s Delivery Services Zomato, Blinkit to Merge, Report Says

March 15, 2022
Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15)....

Indian Startups Promise 10-Minute Grocery Delivery but Spark Safety Concerns

January 23, 2022
Indian grocery startups are rolling out deliveries in 10 minutes or less, appealing to those who want “quick commerce,” Reuters reported Sunday (Jan. 23). That said, some are concerned about...