Eternal shuts down Zomato Quick, Everyday after tepid demand

Zomato parent Eternal has closed its 15-minute food delivery service Quick and homely meals segment Everyday as both services failed to muster enough demand, CEO Deepinder Goyal said in a letter to shareholders while announcing the financial results for the January-March quarter on Thursday.The decision to shut these two services was taken as the company was “not seeing the path to profitability in these without compromising on customer experience”, Goyal said.

The current restaurant density and kitchen infrastructure are not conducive to 10-minute…