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Zomato Q2 results: Blinkit turns contribution positive on low base effect

Zomato acquired Blinkit (formerly Grofers) and its warehousing and ancillary services business in August 2022. The deal was announced in June 2022.

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Zomato-owned Blinkit turns contribution positive in Q2, adjusted EBITDA margin improves

Even the average order value (AOV) jumped from Rs 582 to Rs 607 in Q2FY24, largely because of high value items like iPhones and others.

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