Latest Updates Around The World
ET Intelligence Group: Online delivery company Eternal lost nearly 9% in just two trading sessions after its December quarter results, despite gains in its key business units. The stock’s decline reflects investor concerns about the company’s ability to maintain its operating performance in the face of escalating competition. This could force Eternal, which also operates […]
Eternal, the parent company of food delivery platform Zomato, is expected to post strong revenue growth in the September quarter, although profitability may decline on a year-on-year basis due to the expansion of its high-speed commerce business and challenges in the core food delivery segment. Higher costs, passenger incentives and higher marketing spend are likely […]
