Today in food commerce, Domino’s taps drone delivery, and Instacart and Walmart Canada announce the creation of virtual convenience store Walmart Now. Plus, Gorillas closes its Belgium warehouses. Domino’s Drone Push Lifts Last-Mile Delivery Fight to New Heights Domino’s, an incumbent in the meal delivery...
Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report...
Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15). Zomato said it would be loaning as much as $150 million to Blinkit for the...
Indian grocery startups are rolling out deliveries in 10 minutes or less, appealing to those who want “quick commerce,” Reuters reported Sunday (Jan. 23). That said, some are concerned about safety, due to bike riders looking to meet the tight deadlines of the deliveries. However,...
June 24, 2022
Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report Friday (June 24). The India quick commerce sector was worth […]
March 15, 2022
Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15)....
January 23, 2022
Indian grocery startups are rolling out deliveries in 10 minutes or less, appealing to those who want “quick commerce,” Reuters reported Sunday (Jan. 23). That said, some are concerned about...