4 Stocks to Watch in a Promising Internet Delivery Services Industry [Yahoo! Finance]
MakeMyTrip Limited - Ordinary Shares (MMYT)
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am
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Source: Yahoo! Finance
benefiting from the reopening of economies, with their business activities reaching pre-pandemic levels. Additionally, a greater Internet presence in emerging markets, a burgeoning affluent middle class and the accelerated uptake of smartphones are set to aid Internet – Delivery Services industry participants. Online delivery is yet to expand beyond major metros, underlining lower penetration and significant room for growth. However, as expansion into newer markets will take some time to generate volumes, higher upfront costs might erode profitability. These, along with elevated operating expenses related to hiring new employees and sales and marketing strategies to capture more market share, are likely to strain margins in the near term. Industry Description The Zacks Internet - Delivery Services industry primarily comprises companies that offer services via Internet-based platforms. These include food delivery, online travel booking, direct marketing and media services and web h
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MMYT
News
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MMYT
Earnings
- 1/24/24 - Beat
MMYT
Sec Filings
- 3/1/24 - Form 144
- 2/16/24 - Form 144
- 2/16/24 - Form 144
- MMYT's page on the SEC website