Blinkit operates a high-density, asset-light, micro-fulfillment dark store quick-commerce and retail media business model characterized by surging order frequencies and expanding contribution margins per order. Its commercial revenue engine spans four primary streams: First, Merchant Commissions & Product Margins (~62% of net revenue), capturing wholesale-to-retail price spreads and brand listing commissions across 10,000+ SKUs spanning fresh produce, dairy, FMCG staples, packaged snacks, electronics, and cosmetics. Second, High-Margin Retail Media Advertising (Blinkit Ads) (~22% of net revenue), charging consumer packaged goods (CPG) brands (such as Unilever, Nestlé, Coca-Cola, Apple) for sponsored search placements, homepage banners, and priority brand carousels. Third, Customer Delivery & Handling Convenience Fees (~12% of net revenue), charging small order handling fees, surge pricing during peak rains, and night delivery surcharges. Fourth, Warehousing & Supply Chain Logistics Services (~4% of net revenue), providing third-party brand fulfillment and B2B vendor inventory distribution.