Blinkit To Open More Dark Stores In Smaller Cities: Zomato CEO

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SUMMARY

Foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over the next year

Zomato CEO Deepinder Goyal said that the company believes that smaller cities are attractive on a RoI basis for Blinkit

80% of the company’s business comes from the top eight cities, according to Goyal

Large cities continue to bring in the largest chunk of revenue for Blinkit, but foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over…



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Blinkit To Open More Dark Stores In Smaller Cities: Zomato CEO


SUMMARY

Foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over the next year

Zomato CEO Deepinder Goyal said that the company believes that smaller cities are attractive on a RoI basis for Blinkit

80% of the company’s business comes from the top eight cities, according to Goyal

Large cities continue to bring in the largest chunk of revenue for Blinkit, but foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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