Zomato acquires Blinkit for $568 million in instant-grocery delivery push

Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time when its shares are trading far below last year’s debut price. Learn more about your ad choices. Visit podcastchoices.com/adchoices