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The quick commerce euphoria has done well to mask the grim reality of the food delivery business, once billed as Zomato’s core value proposition.

Complaints about instant delivery of spoiled food items are everywhere. It all comes down to the nature of dark-store operations and the fact that no one cares.
The Mideast tech giant is scaling back verticals in Saudi Arabia and possibly rethinking global operations.
Their earnings define consumption amidst disruption in a roller-coaster quarter. Separately, the fragile Iran ceasefire has begun to fray.