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Zomato parent Eternal's shares rose 3% on Friday, recouping early losses, despite reporting a sharp 78% year-on-year (YoY) ...
Our focus this week is largely on Zomato and the food delivery business because despite growing in scale, the Blinkit piece ...
By Ananta Agarwal (Reuters) -Indian online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on ...
Zomato eyes mid-range 20–25 min delivery, scraps hyperfast plans; Blinkit focuses on store expansion and sustainable quick ...
Zomato pauses its AI-based refund system after restaurant partners criticise automatic cost-sharing. , Technology & Science News - Times Now ...
Zomato has temporarily suspended its controversial policy requiring restaurants to cover 50% of customer refund costs ...
Eternal, Zomato and Blinkit's parent company, experienced a significant 78 per cent drop in net profit during the ...
Eternal Ltd reported a 78% drop in quarterly profit despite strong revenue growth, driven by high spending on Blinkit ...
Eternal posted revenue of Rs 5,830 crore, broadly in line with analyst estimates. EBITDA margin slipped to 1.2%—falling short ...
Eternal (formerly Zomato) shut down Zomato Quick and Everyday, with the company recording an over 77% YoY fall in its profit ...
The food delivery and quick commerce players are jostling for every inch and experimenting with models in a bid to eke out ...
Shares of Eternal, which officially changed its name from Zomato in March, had more than doubled in each of the last two years, partly fueled by optimism around Blinkit's success. Sign up here.