Home Finance Losses Mount for Startups Racing to Deliver Groceries Fast and Cheap – The Wall Street Journal

Losses Mount for Startups Racing to Deliver Groceries Fast and Cheap – The Wall Street Journal

0
Losses Mount for Startups Racing to Deliver Groceries Fast and Cheap – The Wall Street Journal

https://www.wsj.com/articles/losses-mount-for-startups-racing-to-deliver-groceries-fast-and-cheap-11643544004
Since Hayoung Park moved to Manhattan last year, he estimates he has taken in more than $400 of free cookies-and-cream ice cream, laundry detergent and other groceries delivered to his door, all courtesy of a wave of rapid-delivery grocery startups offering generous referral and discount codes.
“I have not paid for toilet paper, paper towels, dish soap or hand soap,” said the 23-year-old founder of a small online-auction startup. He said for most orders, his only costs are generally tip and tax. “As a consumer, I think it’s fantastic.”
We are delighted that you’d like to resume your subscription.
You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Please click confirm to resume now.

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here