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Asia

Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letter

Markets-Economic Times · 2h ago · 🇮🇳 India

Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letter

Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit's return framework and detailed continued investments in AI, Bistro and other emerging businesses despite widening losses in newer ventures.

Read the full story at Markets-Economic Times →

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