Latest Updates Around The World
NEW DELHI: Food delivery giants Zomato, Swiggy and Magicpin reported a huge surge in orders on New Year’s Eve and said operations remained largely unaffected despite a nationwide strike call from a section of gig workers demanding better wages and working conditions.Eternal founder Deepinder Goyal shared a post on ‘Remove the 10-minute delivery option’: Gig […]
India’s food and high-speed trading ecosystem is entering a decisive phase, marked by new entrants, deep-pocketed incumbents and increasing investor scrutiny of profitability. Even as a new player filed its draft Red Herring Prospectus (DRHP) this weekend, the sector remains flush with capital, with existing players sitting on nearly ₹40,000 crore of cash. While fundraising […]
Food delivery and quick-trading platform Eternal said in a statement on Saturday that the financial impact of the new social security law, which came into effect on Friday, will not harm the company’s long-term prospects. The Deepinder Goyal-founded company added that the exact financial and operational implications will only be known once the rules are […]
International Makelaarskantoor HSBC has repeated its ‘Buy’ call to Eternal, which increases its target price to RS 390 per share of RS 340, with reference to clear scale and profitability leadership in both food delivery and fast trade, while a ‘hold’ and RS 430 are the Vooruitbang of the Vroormijdier and the Vroormijdier and the […]
ChowdeckA Lagos-based startup of food delivery that has remained profitable in a notoriously tough and low margin market has collected $ 9 million in Series A-financing to launch a quick trade strategy and expand it to more cities in Nigeria and Ghana. The stock round was led by Novastar Ventures, with the participation of Y […]
West -Australian inhabitants criticize the management of the only supermarket of their external city in the midst of concern about the quality of the products and the lack of shares. In 2023, the SHIRE of Dundas spent around $ 1.7 million to buy the IGA store in Norseman, a historic gold mining city on the […]
