Tuesday, July 16, 2024
Outlook.com
Outlook India
Outlook Business

Invesco

Prior to this, Baron Capital lowered the company’s valuation to $6.7 billion as of June 2022.

Invesco’s decision reflects the growing concerns around the profitability of food aggregator businesses, punctuated by high costs of customer acquisition and delivery logistics and intense competition that have led to the erosion of profit margins