Meta says its Reality Labs continues to lose billions each quarter, with no quick path to profitability. The situation is made tougher by rising AI spending plans, which are expected to add further pressure to costs. The result: even with tech advances, investors are watching cash burn grow rather than slow down.
Zepto has started talks with institutional investors ahead of its planned June-July IPO, seeking capital as quick commerce competition heats up. The company says it has sharply reduced quarterly cash burn and is targeting full-year profitability by FY2028-29, while expanding order volumes through demand growth rather than adding dark stores.
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