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The conversion rate stayed unchanged even though Blinkit acquired thousands of high-ASP SKUs because its take rate strategy remained tied to past category rate decisions as per reports.
Sequentially, losses also widened from Rs 103 crore in Q3. The sharp increase stems from Blinkit’s aggressive store expansion strategy. In the quarter, the company added 294 new dark stores ...
This aggressive strategy may, however, impact profitability. Losses for Blinkit, for instance, are projected to increase for a couple of more quarters on the back of greater dark store additions ...
Impact of Extended Notice Period on Blinkit's Workforce While the extended notice period might appear to be a defensive strategy, it also benefits employees by giving them a smoother transition ...
Blinkit now aims to have up to 2,000 dark stores ... has entered “land grab mode,” with companies pursuing aggressive strategies around store rentals, product discounts, and loyalty programs.
Blinkit’s paper bag illustration has ignited a series of comments online on the illustration's style and creativity. Raising ...
Blinkit—the quick commerce business it acquired ... According to JM Financial, this aligns with its strategy of building ‘super brands’ rather than a single ‘super app’.
Edtech unicorn PhysicsWallah (PW) announced the appointment of Amit Sachdeva as its Chief Financial Officer. With extensive experience in financial leadership, Sachdeva will be responsible for ...