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ETERNAL: Quick commerce growth exceeds 120% YoY, with robust expansion and stable margins outlook

ETERNAL: Quick commerce growth exceeds 120% YoY, with robust expansion and stable margins outlook

Eternal LimitedOctober 22, 20243
ETERNAL: Quick commerce growth exceeds 120% YoY, with robust expansion and stable margins outlook

About this update from Eternal Limited

Quick commerce and food delivery segments are growing strongly, with rapid store expansion and stable AOVs across cities. CapEx has increased due to infrastructure investments, and a $1 billion fundraise is planned to strengthen the balance sheet, not for discounting.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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