/cdn.vox-cdn.com/uploads/chorus_asset/file/24774110/STK156_Instagram_threads_1.jpg?w=400&resize=400,250&ssl=1 "Mark Zuckerberg says Threads has more than 100 million daily active users")
For DMart, quick commerce threat comes to the fore
Source: Live Mint Avenue Supermarts Ltd’s shares fell over 8% on Monday after its September quarter (Q2FY25) earnings missed expectations and concerns rose on growth prospects amid intensifying competition from quick commerce companies. Avenue runs the DMart supermarket chain. Standalone Ebitda margin in Q2 dropped 27 basis points year-on-year to 7.9%, which was below analysts’…