Blinkit will compete with Zomato Company, going to start these services

Zomato Founder and Chief Executive Deepinder Goyal has resigned from the board of Urban Company. So according to media reports, blinkit Can enter in the category of home services. this step Zomato And blinkit To Tiger Global-backed Urban Company Will stand in direct competition with. As per reports, Blinkit has already signed a Gurugram based ChefKart Has started offering home chef services through a company named, but at the moment it has not been decided how it will enter the home services category.

Blinkit will enter the category of home services

1. As per reports, there is no clarity on the services to be offered. The Blinkit platform has set up a new team of employees from the existing group and has also reportedly hired the workforce to launch this new vertical.
2. Zomato last year got Rs 346.6 crore in the third quarter ending December 2022, which was Rs 63.2 crore a year ago.
3. Revenue from operations rose 75 per cent to Rs 1,948 crore per day for the December quarter as compared to Rs 1,112 crore during the same period last year. Accordingly, there has been an improvement of 17 per cent in revenue as against Rs 1,661 crore reported for Q2FY23.
4. The online food delivery giant’s adjusted EBITDA loss widened to Rs 265 crore in the December quarter as against Rs 192 crore in the quarter ended September last year. Excluding Blinkit, operating loss stood at Rs 38 crore as compared to Rs 272 crore a year ago.
5. Looking at growth and development, Zomato’s founder and CEO Deepinder Goyal said, “We will continue to focus on our long-term vectors without worrying too much about near-term growth pressure.” Increased and closed at 54.94.

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