India Inc On An Ad-renaline Rush!
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
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November 2023
Blinkit, Zepto, Swiggy offer 10-minute gold coin delivery on Dhanteras
Quick commerce platforms partner with top brands to deliver festive gold and silver coins on the occasion of Dhanteras
Kirana stores struggle as Q-commerce gains ground
Business in kirana stores have dropped by 25-30% compared to pre-Covid levels, driven by the growing popularity of q-commerce platforms
Why brokerages are bullish on Zomato post Q2
Zomato continues to remain one of the preferred stocks among new age companies, say brokerages.
Food-Techie At Zomato
Deepinder Goyal’s strategy of investing in super brands such as Blinkit, as opposed to creating SuperApps, has reaped rich dividends.
Zomato shares zoom 19% to all-time high
Zomato’s quick commerce unit Blinkit plans to increase its stores to 2,000 by the end of 2026.
Zomato delivers ₹175-crore profit in Q4
For the full financial year 2023-24, Zomato logged a profit of ₹351 crore from a loss of ₹971 crore in FY23.
Zomato introduces ‘pure veg mode’ and ‘pure veg fleet’
Goyal also shared plans to introduce more specialised fleets to meet specific customer needs.
From ₹49 to ₹151: Zomato shares gain 200% in 11 months on turnaround in earnings
Zomato posted profit for the third consecutive quarter in Q3 FY24, driven by topline growth and rise in GOV across its businesses.
Zomato shares hit fresh 52-week high on strong Q2; zoom 170% in 9 months
Zomato reported a consolidated net profit of ₹36 crore in Q2FY24, compared with profit of ₹2 crore in June quarter of FY24 and a loss of ₹251 crore in Q2FY23.
