Indian online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday, as its fast-growing ...

Indian online delivery player Eternal reported a nearly 78% drop in fourth-quarter profit on Thursday as it opened more ...

Amid the current scheme of things, AI is expected to give a much-needed boost to India’s quick commerce sector.

Blinkit’s adjusted EBITDA losses increased to ₹178 crore from ₹103 crore in the previous quarter, which Eternal said was ...

With stiff competition from the incumbent and new players, FDI regulations and aggressive expansion, Blinkit is navigating ...

A slugging environment where consumers are cutting back on discretionary spends and a shortage of delivery partners, largely ...

On a quarter-on-quarter basis, Eternal's profit tanked 34% compared to ₹59 crore in the previous quarter of the financial ...

India’s Eternal, earlier known as Zomato has reported a drop in profit as it continued to spend on its quick commerce business.

Zomato, which re-branded itself to Eternal in March, reported a net profit of Rs 39 crore for the fourth quarter ended March ...

With quick commerce eating into their turf, traditional ecommerce giants are hustling to defend their territories ...

Zomato Quick was rolled out four months ago to compete with the likes of Zepto Cafe, while Everyday offered home-style meals ...

The management said it shut down ultra-fast food delivery service, Quick, because this came at the cost of customer ...