Home » Uncategorized » Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs

Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs

Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food […]

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