Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Blinkit more valuable than Zomato's core business: Goldman Sachs
short by Mansi Agarwal / on Friday, 26 April, 2024
The implied value of Blinkit is now more than that of Zomato's core food delivery business, Goldman Sachs said. "Blinkit's implied valuation...is (close to) $13 billion...with per share implied value of ₹119 higher than food delivery, at ₹98, for the first time," a note read. Zomato bought the quick commerce startup for $568 million in 2022.
read more at Moneycontrol