Zomato acquires Blinkit for $568 million in instant-grocery delivery push
TechCrunch Startup News · TechCrunch
June 27, 20226m 24s
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Show Notes
Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time when its shares are trading far below last year’s debut price.
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