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Blinkit boosts Zomato's value surpassing its food delivery business. Blinkits implied value is Rs 119 per share, while Zomatos food delivery business is valued at Rs 98 per share.
Blinkit Market Cap: Blinkit boosts Zomato's value surpassing its food delivery business. Blinkit’s implied value is Rs 119 per share, while Zomato’s food delivery business is valued at Rs 98 per share.
The kart dash for ultrafast delivery went into reverse this week, as investors in the Turkish-based specialist Getir are set to invest to exit its European markets.
Turkish grocery delivery company Getir is considering the sale of online shopping platform n11 among options in discussions with investors on a new road map, two sources close to the matter said. Getir grew rapidly during the COVID-19 pandemic, attracting high-profile investors and reaching a valuation of $12 billion two years ago as it established operations across Western Europe and in the United States.
The Tiger Global-backed company has raised $65 million so far from Accel, 3one4 Capital, Naval Ravikant, Balaji Srinivasan, Kalaari Capital and several others