{"id":897957,"date":"2025-01-21T08:38:46","date_gmt":"2025-01-21T03:08:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=897957"},"modified":"2025-01-21T08:47:20","modified_gmt":"2025-01-21T03:17:20","slug":"blinkits-losses-widens-to-rs-103-crore-amid-aggressive-expansion-plans","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/21\/blinkits-losses-widens-to-rs-103-crore-amid-aggressive-expansion-plans\/","title":{"rendered":"Blinkit\u2019s losses widens to Rs 103 crore amid aggressive expansion plans"},"content":{"rendered":"<p>Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The adjusted Ebitda excludes ESOP costs. Sequentially, the loss expanded drastically from Rs 8 crore in Q2FY25. <\/p>\n<p>The losses reflect Blinkit\u2019s strategy of rapid expansion to outpace competition in the burgeoning quick commerce segment. \u201cHeightened competition has led to a pause in margin expansion,\u201d said Albinder Dhindsa, CEO of Blinkit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The adjusted Ebitda excludes ESOP costs. Sequentially, the loss expanded drastically from Rs 8 crore in Q2FY25. The losses reflect Blinkit\u2019s strategy of rapid expansion to outpace competition in the burgeoning quick commerce segment. \u201cHeightened competition has led to a pause in margin expansion,\u201d said Albinder Dhindsa, CEO of Blinkit.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-897957","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=897957"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897957\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=897957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=897957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=897957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}