Blinkit Well Placed To Dominate Quick Commerce Despite Rising Competition: Bernstein

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SUMMARY

Rising competition in the quick commerce market has set Blinkit and Swiggy Instamart off the adjusted EBITDA margin breakeven course by at least 12 months

Blinkit is expected achieve breakeven by Q3 FY26, while Instamart will hit adjusted EBITDA breakeven not sooner than Q1 FY28, according to Bernstein

The brokerage has maintained its outperform rating on Zomato with a target price of INR 310

Zomato-owned Blinkit is expected to build on its dominant position in the quick commerce market even as competition…



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Blinkit Well Placed To Dominate Quick Commerce Despite Rising Competition: Bernstein


SUMMARY

Rising competition in the quick commerce market has set Blinkit and Swiggy Instamart off the adjusted EBITDA margin breakeven course by at least 12 months

Blinkit is expected achieve breakeven by Q3 FY26, while Instamart will hit adjusted EBITDA breakeven not sooner than Q1 FY28, according to Bernstein

The brokerage has maintained its outperform rating on Zomato with a target price of INR 310

Zomato-owned Blinkit is expected to build on its dominant position in the quick commerce market even as competition…



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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