Zomato buys Blinkit!
An unusual thing happened in the morning.
I was reading a newspaper online. I came across the news that Zomato is acquiring Blinkit [Grofers].
The online grocery market is crowded, I thought. So, it is natural that some mergers happen.
I [wrongly] read that Zomato is paying 4.5 Cr. What?
I was reading only the bullets.
I quickly went on to other news items.
Then I was thinking maybe the newspaper had missed a “k” in that amount. [Normally, I try to pass the blame.]
And I went back to that item after searching for it. Then, I found the k there. It said 4.5 k Cr. Maybe I didn’t notice the “k” earlier or the newspaper had corrected it only just then.
If it was 4.5 Cr, I thought, even I could have bought it.
Hmm, right now, I can buy in Blinkit, and maybe someday in the distant future, I can buy Blinkit when I make enough money for it.
If you have money to invest, where will you invest today?
Happy Weekend!
#b2c #zomato #blinkit #onlinegrocery #ecommerce #kkrocks #acquisition