Eternal's growth engines are firing, as it doubles down on Blinkit expansion
Eternal's revenue and quick-commerce growth remain strong, but profit missed estimates. As Blinkit expands and competition intensifies, investors will watch returns on fresh investments.
Summary from Mint
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NDTV ProfitSwiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed…
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Economic TimesBlinkit, Instamart chart different paths to profitable growth
Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s growth to achieve profitability, while Swiggy emphasizes the…
Read on Economic Times -
MintEternal's growth engines are firing, as it doubles down on Blinkit expansion
Eternal's revenue and quick-commerce growth remain strong, but profit missed estimates. As Blinkit expands and competition intensifies, investors will watch returns on fresh investments.
Read on Mint
