**Eternal’s Q1 Results: A Shift in Consumer Preferences**
**Revenue Soars 70% Year-on-Year**
Eternal’s Q1 results have revealed a staggering 70% year-on-year surge in revenue, driven by impressive growth in two key segments: Blinkit and food delivery. This remarkable performance is a testament to the company’s successful strategies and adapting to changing consumer behaviors.
**Quick Commerce Takes the Lead**
For the first time in a single quarter, quick commerce Net Order Value (NOV) has surpassed that of food delivery. This significant milestone indicates a major shift in consumer preferences, with more people opting for the convenience and speed of quick commerce.
**What Does This Mean?**
This trend suggests that consumers are increasingly prioritizing speed and flexibility in their online shopping experiences. As a result, companies like Eternal are adapting to meet these changing demands, investing in quick commerce solutions to stay ahead of the curve.
**A New Era in Online Shopping**
Eternal’s Q1 results are a clear indication of the evolving online shopping landscape. As consumers continue to drive demand for quick and convenient services, companies will need to innovate and adapt to remain competitive. Stay tuned for more insights into the future of online shopping and the companies leading the charge.
