Blinkit to deliver iPhones, other Apple products in 10 mins in select cities
Blinkit has begun the deliveries to Delhi NCR, Mumbai, Hyderabad, Pune, Lucknow, Ahmedabad, Chandigarh, Chennai, Jaipur, Bengaluru and Kolkata.
Quick commerce player has started delivering Apple products, including MacBook Air, iPad, and AirPods, within 10 minutes in select cities in India, its founder and CEO Albinder Dhindsa said on Thursday.
In a post on X, he said consumers can now get MacBook Air, iPad, AirPods, Apple Watch, and other Apple accessories delivered in 10 minutes.
"We've started delivering in - Delhi NCR, Mumbai, Hyderabad, Pune, Lucknow, Ahmedabad, Chandigarh, Chennai, Jaipur, Bengaluru and Kolkata," he wrote.
In the quarter that ended December 31, 2024, the quick commerce business of Zomato incurred a Rs 103 crore loss largely on account of pulling forward the growth investments.
In the letter to shareholders, Zomato stated that the company expects the losses in the quick commerce business under Blinkit to continue in the near term due to the investments.
While intensifying competition accelerated customer awareness and adoption of quick commerce, Dhindsa had noted that it led to a pause in margin expansion in the business, which is expected and should be temporary.
Earlier this week, Zomato invested Rs 1,500 crore in its quick commerce arm Blinkit amid fierce competition and rapid expansion. The foodtech company acquired 7,612 shares at the issue price of 19,70,171 per share to invest Rs 1,500 crore, as per Registrar of Companies (RoC).
Edited by Suman Singh