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FOOD DELIVERY MARKET GROWTH
KFC India operator bets on first-time customers as ₹99 meals drive turnaroundSapphire Foods is shifting strategy to attract new customers with value meals. The company reported a net profit in the June quarter after ...- Shilpa Shetty-backed Bastian Hospitality in talks to raise capital for India, overseas expansionBastian Hospitality is raising capital from investors for expansion plans. The fine-dining chain aims to sell a minority stake to support g...
- Flipkart may add food delivery to its product offeringsFlipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato a...
- Competition regulator dismisses consumer complaint on 'abuse of dominance' by ZomatoThe Competition Commission of India (CCI) dismissed a complaint against Zomato’s parent company Eternal, ruling that there was no prima fac...
- Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh inShares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, ...
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.
- Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
- Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food betsEternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offer...
- Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letterEternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food de...
- Eternal Q1 Results: Cons PAT skyrockets 268% YoY to Rs 92 crore; revenue zooms 182%Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, wh...
- Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter resu...
- Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expectEternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investo...
- Why people are ordering fake food and fashion deliveries on free 'dopamine apps'It sounds ridiculous if you've never tried it, but this viral trend is more popular than you might think. Just one app alone, FoodNeverCome...
- Nava Raipur's smart city dream runs into delivery, transport hurdlesDespite being envisioned as Chhattisgarh's smart city, Nava Raipur continues to grapple with poor last-mile connectivity, unreliable app-ba...
- Uber in $15 billion deal for Delivery Hero to create global takeout giantAcquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the...
- Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
- Uber in advanced talks on Delivery Hero takeover, Bloomberg News reportsUber is reportedly in advanced acquisition talks with Delivery Hero. An agreement could be reached as soon as this week. The deal would lik...
- The Rs 200 meal is the new battleground for Swiggy, Zomato and other food delivery companiesFood delivery companies are adapting strategies to attract everyday officegoers. Swiggy and Zomato offer value meals and targeted discounts...
- India's food services market to reach $50 billion by FY31, online share to rise to 18%: ReportIndia's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising ...
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