Let’s break down Eternal’s Q4 numbers, and the state of food delivery and quick commerce, and asses whether concerns of a ...

Deepinder Goyal led food delivery giant Zomato has ended its 15-minute food delivery service Everyday from its main app.

According to Goyal, the first major factor is a general slowdown in consumer spending, particularly in discretionary categories like restaurant food.

The Zomato's Quick closure comes even as rival Swiggy is doubling down on ultra-fast delivery. The company’s 10-minute food ...

Quick was Zomato’s answer to the 10-minute food delivery trend. However, Eternal CEO Deepinder Goyal clarified that the model ...

Eternal (formerly Zomato) shut down Zomato Quick and Everyday, with the company recording an over 77% YoY fall in its profit ...

CEO Deepinder Goyal pointed to operational difficulties and a strategic pivot as major reasons for abandoning the service of ...

Just a few days after Rakesh Ranjan stepped down as CEO of the food delivery division, with Zomato founder Deepinder Goyal ...

Early today, Eternal shares opened 4.5% lower at ₹221.90, after ending 0.58% higher on Wednesday. The counter slipped further ...

The company, which re-branded itself from Zomato to Eternal in March, had reported a net profit of Rs 175 crore in the ...

Eternal, Zomato and Blinkit's parent company, experienced a significant 78 per cent drop in net profit during the ...

In the fourth quarter alone, the company spent Rs 634 crore on advertising and sales promotions, marking a sharp 63% jump ...