Tag: Blue Apron
Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown
Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business…
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Why is Blue Apron’s stock skyrocketing?
Back in 2017, a formerly hot, formerly profitable company called Blue Apron went public. It didn’t go well. Today as the global stock market continues to fall, shares in the former venture darling are soaring, up more than 140% in midday trading. Before its IPO, the company had to reduce…
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Daily Crunch: Blue Apron might sell itself
Blue Apron considers “strategic alternatives,” Facebook experiments with different News Feed formats and Twitter buys a startup focused on the Stories format. Here’s your Daily Crunch for February 19, 2020. 1. Blue Apron is considering selling itself Meal kit company Blue Apron has been struggling for a long time, with…
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Blue Apron is considering selling itself
Meal kit company Blue Apron has long been on the struggle bus — whether it’s been its lackluster debut on the public market, employee lawsuits or layoffs. So, it should come as no surprise that the company is considering selling itself in order to maximize value for shareholders. In addition to…
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