It was founded as Foodiebay in 2008 and renamed Zomato in 2010. Internally, the company had renamed the parent organisation to Eternal in 2022 following the acquisition of Blinkit (earlier Grofers).
Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. Advt "...We wish to ...
Taking inspiration from Blinkit’s success story ... beyond INR 1,000 Cr in revenue. Therefore, Zomato will need to manage customer acquisition costs and avoid heavy losses in the event arm.
However, Zomato, led by Deepinder Goyal and the owner of Blinkit and Hyperpure, experienced the larger drop. Its shares fell by 5.29%, or ₹11.79 per share, bringing the overall stock value of ...
On June 27, 2022, Zomato bought Blinkit ... a month after the announcement of the Blinkit acquisition. Since then, QComm has emerged as India’s fastest-growing ecommerce segment, with Blinkit ...
Zomato has officially changed its corporate name to Eternal Limited after receiving approval from the Corporate Affairs ...
Zomato’s corporate website zomato.com ... name “Eternal” had already been in internal use following the acquisition of Blinkit, the quick-commerce platform. He noted that the decision ...
ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends ...
After the acquisition, Zomato plans to start integrating Blinkit on multiple fronts, to begin with customers and delivery fleets and has also plans to move Blinkit to the Zomato app We'll be in ...
Zomato rebrands to Eternal Limited, expanding beyond food delivery with approval from Ministry of Corporate Affairs.