Blinkit turns contribution positive in Q2; GOV rises 86% YoY
Zomato-owned Blinkit has turned contribution positive in the second quarter for the first time and stayed positive for the entire quarter. The contribution margin (as a percentage of GOV) in the business improved from -7.3% to +1.3% in the second quarter. The quick commerce company bounced back with a 29% quarter-on-quarter gross order value (GOV), … Read more