Friday, June 24, 2022

Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021  —  Zomato is acquiring Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

Ryan Gallagher / Bloomberg : How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed bef...