Business: As soon as Blinkit, the quick commerce company of online food delivery company Zomato , started delivering iPhone 16 in 10 minutes, Zomato's stock reached an all-time high in the trade of Friday, September 20, 2024. Due to strong buying in Zomato's stock, the stock rose by 4.25 per cent to a high of Rs 290.70, which is its all-time high.  

Blinkit is delivering iPhone 16 in 10 minutes

Apple launched the new variants of iPhone 16 in the second week of September. The sale of iPhone 16 has started from 20 September 2024, there is such a craze to buy it that customers are standing in long queues in Apple stores since morning. But to get rid of long queues to its users, Blinkint is delivering within 10 minutes of online booking on its app. Blinkint has tied up with Apple retailers as well as Unicorn Stores to deliver iPhones within 10 minutes so that it can make iPhone 16 available to its users. 

Blinkint users get the gift of iPhone 16 on the very first day!

Blinkint co-founder and CEO Albinder Dhindsa wrote in a social media post, Get the new iPhone 16 delivered in 10 minutes! He said, we have tied up with Unicorn Stores for the third consecutive year to make the latest iPhones available to Blinkint users in Delhi NCR, Mumbai, Pune, Bengaluru and some areas of Lucknow on the launch day itself. He said that Unicorn is also offering discounts on select credit cards and EMI options. He said that Blinkint has delivered 300 iPhone 16 in a few minutes.   

Zomato stock at lifetime high 

Due to this news, Zomato's stock opened at Rs 279 and has directly reached an all-time high of Rs 290.70. Currently, the stock is trading at Rs 287.90 with a jump of 3.25 percent. Blinkint has proved to be a black diamond for Zomato. When Zomato acquired Blinkint, it was being criticized, but now with the expansion of Blinkint, all the brokerage houses are looking bullish on Zomato's stock and are giving a target of Rs 340 to Rs 360.