Zomato food business performance largely in line; Blinkit profitability a big silver lining: Karan Taurani

“In Blinkit business, the contribution margins have turned positive for the first time and the revenue growth here has been quite stellar versus the GOV growth and clearly, there is an indication that they are trying to increase throughput per store and increase the number of orders per store which will take them closer to a path to breakeven for profitability.”

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