FRIDAY, 30 OCTOBER 2026

Daily briefing

Friday, 30 October 2026

Trent Zudio hits 1,000 as Blinkit races stores

Delhi desk files at dawn on 30 October. Trent’s Q2 print and Zudio milestone set the tone for value fashion while Eternal lifts Blinkit’s dark-store target ahead of the festive close.

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  1. Retail

    Trent profit up 25% Zudio at 999

    Value chain opens 1,000th store, 85% new outlets outside metros.

  2. Ecommerce

    Blinkit target lifted to 3,500 stores

    2,751 outlets already live; smaller cities match metro order density.

  3. Ecommerce

    Meesho loss shrinks to ₹132 crore

    Revenue up 34% as Tier-2 orders and margins improve.

  4. Platforms

    Flipkart DAUs peak on festive day one

    Small towns drive 60% demand; two-day GMV hits ₹24,000 crore.

  5. Retail

    Hinterland stores now set the pace

    Zudio and Blinkit prove next growth sits outside top cities.

  6. Ecommerce

    Meesho Q2 loss narrows to ₹132 crore

    Revenue climbs 34% as smaller-town orders hold through the sale window.

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