Business
ETERNAL: High competition in quick commerce pressures margins, with stable market share and ongoing expansion
ETERNAL: High competition in quick commerce pressures margins, with stable market share and ongoing expansion
About this update from Eternal Limited
Competitive intensity in quick commerce remains high, impacting margins and driving up costs, while store expansion continues, especially in smaller cities. Food delivery growth guidance is set as a long-term target, with ongoing investments in new initiatives and a focus on maintaining market share.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.