Technology

Fewer than half of the US and European rapid delivery startups launched in the pandemic are still operating; they face huge losses, a funding drought, and more (Tim Bradshaw/Financial Times)

Photo of Grace Will Grace Will October 15, 2022
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Tim Bradshaw / Financial Times:

Fewer than half of the US and European rapid delivery startups launched in the pandemic are still operating; they face huge losses, a funding drought, and more  —  As nervous consumers avoided supermarkets during the Covid-19 pandemic, tech entrepreneurs spied a once-in-a-generation opportunity to reinvent the humble grocery run.



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