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Blinkit has launched a 10-minute SIM card delivery service in partnership with Bharti Airtel, now available in 16 Indian cities, including Delhi and Bengaluru. Customers can choose new prepaid or postpaid connections, with Aadhaar-based self-verification streamlining the activation process.This move marks Blinkit's expansion into higher-margin categories beyond groceries, aiming to compete with e-commerce giants. The company plans to double its dark stores to 2,000 by December 2025, responding to the growing demand for quick commerce and reshaping India's retail landscape.
The inaugural Asia Economic Summit in June 2025 will gather leaders from business, tech, and government to discuss Asia's evolving economic landscape and digital future. Meanwhile, Shopee has solidified its position as Southeast Asia's largest ecommerce platform, achieving over $100 billion in gross merchandise value in 2024, while also driving growth in Sea Group's lending business. In India, quick commerce is transforming the market, with Blinkit offering 10-minute deliveries of Apple products, raising questions about consumer demand for such premium items.
India's quick commerce sector is facing a cash burn of approximately Rs 5,000 crore per quarter, with Zomato's Blinkit contributing only 2-3% of this total while holding a 40-45% market share. Zepto, a major competitor, reported a burn of Rs 2,200-Rs 2,300 crore last quarter, yet Blinkit has focused on sustainable growth, achieving a market share of 41% according to a Citi Research report. Despite rising cash burn impacting Zomato's profits and share price, Blinkit aims to expand its dark store network significantly by 2025.
Albinder Dhindsa
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Albinder Dhindsa
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