Blinkit’s losses are coming down every month: Zomato CFO Akshant Goyal
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Zomato’s acquisition of quick commerce startup Blinkit has been the talk of the town, even impacting the former’s share price on the stock exchanges. Primary concerns revolved around profitability issues, as both Zomato and Blinkit (formerly Grofers) are experiencing heavy losses. Addressing the concerns during the shareholders’ meet, Zomato’s CFO Akshant Goyal, stated that Blinkit’s losses are coming down every month.