Zomato Shuts 15-Minute Food Delivery Service Quick, Everyday

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SUMMARY

Eternal CEO Deepinder Goyal said that the company does not see the path to profitability for Quick and Zomato Everyday without compromising on customer experience

He said that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, and this leads to inconsistent customer experience

Overall, Eternal’s consolidated net profit crashed 77.8% YoY to INR 39 Cr in Q4 FY25 due to a rise in loss of Blinkit

Just over three…



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Zomato Shuts 15-Minute Food Delivery Service Quick, Everyday


SUMMARY

Eternal CEO Deepinder Goyal said that the company does not see the path to profitability for Quick and Zomato Everyday without compromising on customer experience

He said that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, and this leads to inconsistent customer experience

Overall, Eternal’s consolidated net profit crashed 77.8% YoY to INR 39 Cr in Q4 FY25 due to a rise in loss of Blinkit

Just over three…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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