Blinkit, Instamart face rising competition, elusive profitability in Q4

May 12, 2025

, By The Economic Times

Share via:

The post-results commentary from Zomato parent Eternal as well as from Swiggy had a common denominator: both companies pointed at heightened competition in the quick commerce space. Although Eternal’s Blinkit held on to its lead over Swiggy’s Instamart, financial results for the March quarter showed both quick delivery platforms struggling to turn profitable.Adjusted Ebitda margin as a share of Gross Order Value (GOV)—a measure of profitability—for Eternal’s quick commerce operations dropped to -1.9% in the three months to March 31, from…

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.

Previous News

India not ready to take on China’s share of iPhone manufacturing: Report

Next News

Selena Gomez’s Billion-Dollar Brand Soars While Her Mom Struggles to Pay Startup Staff

The Economic Times

Popular

More Like this

Blinkit, Instamart face rising competition, elusive profitability in Q4

May 12, 2025

, Published By The Economic Times

The post-results commentary from Zomato parent Eternal as well as from Swiggy had a common denominator: both companies pointed at heightened competition in the quick commerce space. Although Eternal’s Blinkit held on to its lead over Swiggy’s Instamart, financial results for the March quarter showed both quick delivery platforms struggling to turn profitable.Adjusted Ebitda margin as a share of Gross Order Value (GOV)—a measure of profitability—for Eternal’s quick commerce operations dropped to -1.9% in the three months to March 31, from…

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

India not ready to take on China’s share of iPhone manufacturing: Report

Next News

Selena Gomez’s Billion-Dollar Brand Soars While Her Mom Struggles to Pay Startup Staff

The Economic Times

More like this

Popular

Block title