ETERNAL LIMITED CC-Sep23.pdf · 2023-11-03
Thanks for the opportunity. So, my first question is with respect to the Gold orders. I would like to understand like on a per order basis, has there been any increase in investments that you do in Gold. Because my sense is that we saw some fluctuation in the Gold prices during the quarter, and there has been also some free membership rollouts through various tie-ups. So basically, on a per order basis, Gold order, does it have a higher dilutive impact on an absolute basis compared to the previous quarter, is the question?
Sure. The second question is with respect to the contribution of ad income to your take rates. Now we have been calling out and saying that the ad income has been one of the drivers of your take rates for some time now. Now one way to look at it is like the macros are challenging for restaurants and they are spending more. What happens once the macros ease, would we see a reversal in the contribution of ad income to your take rates?