Akash Roy’s Post

Zomato's Q2 FY25 results are in, and Blinkit is stealing the show! 🚀 While food delivery continues its steady growth, Blinkit's GOV (Gross Order Value) skyrocketed by 25% QoQ and 122% YoY, exceeding all analyst expectations. 🤯 This impressive performance is driving Zomato to shift its investment focus towards quick commerce, aggressively expanding Blinkit's network. 🛒 Key highlights: ● Zomato's overall revenue reached INR 48b, a 14% QoQ growth. ● Food delivery maintains momentum with 20%+ YoY growth in GOV and revenue. ● Adjusted EBITDA margin improved 20bp QoQ, reaching 3.4% of GOV. ● Zomato achieved a PAT of INR 1.8b, a whopping 389% YoY increase! Zomato is even pursuing a strategic capital raise of up to USD 1b to further fuel Blinkit's expansion. This move highlights their confidence in the dark store model, which is proving to be a viable alternative to traditional kirana stores, even in non-metro cities. The viability of the dark store model is further reinforced by the fact that mature stores are already achieving contribution margin positivity, and new stores are breaking even faster. Zomato believes Blinkit presents a "generational opportunity" to disrupt industries like retail, grocery, and e-commerce. The company is undeterred by the near-term cash burn associated with quick commerce investment, viewing it as a necessary step towards capitalising on this massive opportunity. This is an exciting time for Zomato as they push forward in the rapidly evolving quick commerce landscape. #Zomato #Blinkit #QuickCommerce #Investment #Growth #Disruption

🚀 Zomato Invests Rs 2,300 Crore in Blinkit to Drive Quick Commerce Growth! 📈 About Zomato: Zomato, a leading food delivery giant, continues to innovate and expand its footprint in the quick commerce sector. Known for its extensive restaurant network and delivery efficiency, Zomato has become a household name in food delivery and now aims to redefine quick commerce with Blinkit. Funding Details: Zomato has committed an additional Rs 300 crore to its quick commerce unit, Blinkit, as reported on June 11. This brings the total investment to nearly Rs 2,300 crore since Zomato acquired Blinkit in August 2022 in an all-stock deal valued at Rs 4,477 crore. Alongside this, Zomato will also invest Rs 100 crore in Zomato Entertainment Pvt Ltd, which manages the company's live events and ticketing business. Strategic Impact: Blinkit has shown impressive growth with revenues doubling to Rs 2,302 crore in FY24 from Rs 1,064 crore in FY23. The company has also improved its adjusted EBITDA loss, reducing it to Rs 37 crore in Q4 FY24 from Rs 203 crore the previous year. This investment aims to further boost Blinkit's growth, enhance its service offerings, and solidify Zomato's position in the quick commerce space. Market Dynamics: The quick commerce sector is heating up, with Blinkit reporting a gross order value (GOV) of Rs 4,027 crore in Q1 2024, a 97% increase year-on-year. Despite a slight dip in average order value (AOV) to Rs 617, the overall growth trajectory remains strong. Zomato’s strategic investments highlight its commitment to capturing a larger market share in this rapidly evolving industry. Why This Matters: Zomato’s continued investment in Blinkit underscores its vision to lead the quick commerce revolution. By integrating efficient delivery systems and expanding service capabilities, Zomato is poised to meet the increasing demand for fast and reliable grocery delivery. This move not only strengthens its market position but also sets a new benchmark for competitors. Aspirants Space Encouragement : We encourage Zomato to attract top talent and drive further innovation and growth in the quick commerce sector. With strategic investments and a focus on customer satisfaction, Zomato and Blinkit are set to transform the landscape of on-demand services. Source : https://lnkd.in/ehZYVp5F #AspirantsNews #Zomato #Blinkit #QuickCommerce #Investment #Growth #Innovation

🔧 Swiggy, Zomato Raise Platform Fees by 20% in Key Markets. Food delivery giants Swiggy and Zomato have implemented a 20% increase in platform fees across key markets, aiming to enhance their revenue streams and offset rising operational costs. 💰 Fee Increase Details: - Both Swiggy and Zomato have raised their platform fees by 20%. - The fee hike is applicable in several key markets where these platforms operate. 🔍 Background: - Swiggy and Zomato are the leading food delivery platforms in India, competing fiercely for market share. - The increase in platform fees comes as both companies seek to maintain profitability amidst growing operational expenses. 🚀 Strategic Move: - The additional revenue from higher platform fees will help these companies manage rising costs, including logistics and delivery expenses. - The fee hike is part of a broader strategy to strengthen financial stability and sustain long-term growth. 📈 Market Impact: - While the fee increase might affect order volumes initially, both companies expect the long-term benefits to outweigh the short-term impact. - This move is expected to enhance the platforms' ability to invest in technology and improve service quality. 📅 Future Outlook: - Swiggy and Zomato remain committed to providing top-notch service despite the fee increase. - Both companies are likely to continue exploring new revenue streams and operational efficiencies to stay ahead in the competitive food delivery market. The 20% increase in platform fees by Swiggy and Zomato reflects their efforts to balance operational costs and profitability while continuing to invest in service enhancements. #Swiggy #Zomato #PlatformFees #FoodDelivery #TechNews #BusinessGrowth #StartUpNews #BusinessNews #MicroShots #NewsUpdates

Here is the Performance | Growth | Results report of Deepinder Goyal and team or unka pyaara venture Zomato » Q2FY25 Report: https://lnkd.in/gzJzB_9f Quick snapshots of how Zomato powering India’s changing lifestyles: #Performance Zomato consolidated Adjusted EBITDA increased by INR 289 crore YoY to INR 330 crore in Q2FY25. This was driven by food delivery margins continuing to improve and quick commerce margins staying near break-even despite the rapid store network expansion. #Growth Sustained topline growth momentum with 58% YoY Adjusted Revenue Growth, above the stated outlook of 40% YoY growth. Across our B2C businesses, the YoY growth in GOV stood at 21%, 122%, and 171% for the food delivery (Zomato), quick commerce (Blinkit), and going-out verticals, respectively. #QuickCommerce In the last quarter (Q2FY25), we added 152 net new stores and seven warehouses. #District Zomato's new app for the going-out vertical should be live in the next four weeks 🤞 Deepinder Goyal | Zomato | Blinkit | Hyperpure by Zomato #Zomato #Blinkit #Hyperpure #ShareHolder #Stock #Performance #Profite

Zomato 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝗦𝘁𝗲𝗹𝗹𝗮𝗿 𝗤𝟭 𝗥𝗲𝘀𝘂𝗹𝘁𝘀, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽 𝗛𝗶𝘁𝘀 $𝟮𝟱 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 #Zomato is on a roll! The foodtech giant just announced its Q1 FY25 results, and the numbers are impressive. Revenue surged by 18.1% to Rs 4,206 crore, while profits skyrocketed by a whopping 44.6% to Rs 253 crore. This stellar performance has propelled Zomato's market cap to $25 billion. 𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ➤Food Delivery: Continues to be a major revenue driver, with growth of 11.7%. ➤Hyperpure and Blinkit: These segments are also showing strong growth, contributing significantly to overall revenue. ➤Cost Efficiency: Zomato's ability to manage costs effectively is evident in its improved profit margins. Is this a testament to Zomato's strong execution and its ability to capitalize on the growing food delivery and quick commerce market in India? Read more at Entrackr #Zomato #Q1Results #FoodTech https://lnkd.in/gurRhqGy

𝗦𝘄𝗶𝗴𝗴𝘆 𝘃𝘀. 𝗭𝗼𝗺𝗮𝘁𝗼: 𝟱-𝗣𝗼𝗶𝗻𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗳𝗼𝗿 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 1️⃣ Market Leadership: Zomato holds 56%-57% market share in food delivery, outpacing Swiggy's 40%. Its efficiency improvements and market strategies solidify its lead. 2️⃣ Quick Commerce: Zomato's Blinkit acquisition boosts its position in grocery delivery, while Swiggy faces competition from Zepto and Blinkit. 3️⃣ Growth & Efficiency: Zomato grows faster (27% YoY GoV in Q1FY25) while improving margins. Swiggy lags but is enhancing cost efficiency. 4️⃣ Valuations: Analysts prefer Zomato for its proven execution and innovation, valuing it at ₹280/share (SOTP). 5️⃣ Duopoly Dynamics: Both enjoy strong network effects, dominating food delivery and quick commerce segments. #finance #Swiggy #Zomato #StockMarket #Investing Source:- https://lnkd.in/gZeS-ZNW

Swiggy vs. Zomato: A Post-Listing Comparison As of September 2024, Swiggy has not yet listed on a public exchange. Zomato, however, has been publicly traded for some time. While we can't directly compare their post-listing performance, we can analyze their pre-listing strategies and market dynamics to anticipate potential outcomes. Swiggy and Zomato are two major players in the Indian food delivery market. While Zomato has already listed on a public exchange, Swiggy has yet to make its debut. Both platforms have similar business models, offering food delivery services and other related features like grocery delivery. They compete for market share and user base in India. Zomato's post-listing performance has been influenced by factors such as market fluctuations and investor sentiment. Swiggy's future performance will likely be influenced by similar factors, as well as its financial health and ability to execute its growth strategy. The competitive landscape between the two companies is expected to remain intense, with potential for market consolidation or increased competition from new entrants. #swiggy #ipo #listing #zomato #blinkit #sharemarket #performance #market #management #stock #food #business #comparison #investment #growth #finance #strategy #competition #delivery #listed #public

Blinkit is not just a vertical for Zomato, it could soon become larger than food delivery. In fact, analysts such as Bernstein estimate that Blinkit will have larger revenue than Zomato’s food delivery by FY30💸👇 This remarkable surge is attributed to Blinkit's strong performance. Here are some key highlights of Blinkit’s FY24: 🔸 Blinkit reported total revenue of over INR 2,300 Cr for the year, and turned adjusted EBITDA positive in March 2024! 🔸 Blinkit's standalone revenue soared 186% YoY, significantly outperforming the food delivery segment's 40% YoY growth. 🔶 Blinkit's share of Zomato's total revenue grew from 11% in FY23 to nearly 20% in FY24, showcasing its increasing importance. 🔶 Delhi NCR is Blinkit's biggest market and the biggest contributor to Blinkit’s GOV and revenue. 🔶 Beyond the numbers, the focus on Blinkit was clear from the fact that Zomato’s now-signature ‘Shareholders’ Letter’ was largely dedicated to the quick commerce vertical! 🔸 The rapid growth seen in the quick commerce business has compelled Zomato to double down on Blinkit. It is looking to nearly double its store count by the end of FY25. The quick commerce industry in India is experiencing explosive growth, with Goldman Sachs estimating the addressable market size in the top 50 cities alone to be a whopping $150 billion as of 2023. What are your thoughts on this? Let us know your thoughts in the comments 💭 #blinkit #zomato #fooddelivery #revenue

🏆 Zomato has made headlines with its recent financial success, posting a nearly fourfold surge in profits to *Rs 138 crore* for the quarter ended December. This remarkable growth comes amidst a competitive market, showcasing Zomato's ability to thrive. 🚀 📌 Diversification: Zomato has expanded beyond food delivery to include grocery delivery, online ordering, and advertising, diversifying its revenue streams and reducing dependency on food delivery alone. 📌 Market Share Focus: Zomato has prioritised increasing its market share, employing strategies like search ad campaigns targeting relevant keywords related to food and online ordering. 📌 Strategic Partnerships: Zomato has forged partnerships to enhance its offerings and reach, such as its acquisition of Shiprocket to strengthen its supply chain management. 📌 Profitability Focus: In recent years, Zomato has shifted its focus towards profitability over market share, implementing cost optimisation measures and diversifying revenue streams to ensure sustainable growth. Over the past 5 years, Zomato has undergone a strategic transformation, moving from a focus on food delivery to a more diversified approach. This evolution includes expanding into grocery delivery and online ordering, along with strategic partnerships to enhance its services. Zomato's shift towards profitability highlights its commitment to sustainable growth and adapting to changing market dynamics. #Zomato #FoodDelivery #DigitalTransformation #BusinessStrategy #Diversification #MarketShare #Partnerships #Profitability #Innovation Sources : 1. https://lnkd.in/dPgCHjw7 2. https://lnkd.in/dZDVzJ5S 3. https://lnkd.in/dgmf9jVE

With the latest investment, Zomato has infused Rs 2,300 crore in Blinkit since it acquired the company in August 2022, as per the filings. Zomato acquired Blinkit, formerly known as Grofers in an all-stock deal for Rs 4,477 crore.. Read more 👇 and follow ProRider (Delivery Jobwala) for more such industry updates and LMD manpower sourcing !!! #zomato #blinkit #lastmiledelivery #quickcommerce #prorider #deliveryjobwala