The report showed that consumers are getting increasingly dependent on qcom platforms, and the frequency of shopping is also on the rise
Eternal founder Deepinder Goyal says upright posture reduces blood flow over decades, proposes inversions as countermeasure
The move extends delivery times and lowers per-order payouts for delivery partners
Notably, the platform fee is an amount companies charge for operations like running and maintaining their applications, while the delivery fee goes to delivery partners
Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.
Eternal, the parent company of Zomato and Blinkit, reported a consolidated net profit of ₹65 crore for Q2 FY26, marking a 63% YoY decline from ₹176 crore in the same quarter last year.
Eternal shared the development while announcing the results for the second quarter of FY26 (2025-26)
Through this collaboration, Blinkit will provide doorstep delivery of Thomas Cook's Borderless Travel Card (for leisure travellers) and Study Buddy (for students) in Delhi, Bengaluru, and Mumbai
The Eternal Food Delivery business (EFD) is also seeing improving profitability in the duopoly FD market
Goldman Sachs says Blinkit's store count could double in the next two to three years, a dynamic which is not being fully reflected in Zomato's current share price
Mutual funds increased exposure to Eternal in August as the stock surged over 60 per cent in six months, crossing Rs 3 trillion in market cap, with Blinkit leading growth
Amazon has reported strong traction for 'Now', with 25 per cent M-o-M order growth in Bengaluru and Delhi, and a surge in Prime member shopping frequency, according to JM Financial
On the bourses, Eternal shares have advanced 4 per cent over the past five sessions, 9 per cent in the last month, and a little over 28 per cent in the past three months.
Rakesh Ranjan exits Zomato's food delivery business following a restructuring; Aditya Mangla appointed as new CEO, with the next career move of Ranjan yet to be known
Zomato, led by CEO Deepinder Goyal, first introduced the fee at ₹2 in August 2023 as part of a strategy to improve margins and move toward profitability
In its late-night regulatory filing on Monday, the company said the total demand includes ₹17.19 crore in GST, ₹21.42 crore in interest, and a penalty of ₹1.71 crore
Eternal is setfor long-term growth and improved profitability, driven by its strong market position and growth prospects in the quick commerce business.
Chemists' body urges action against e-pharmacies, quick commerce apps for delivering high-risk drugs without checks, warning of rising misuse and youth addiction