Why we’re unlikely to see another wave of rapid delivery startups

The collapse of Australian startup Milkrun underscores the challenge for new ventures in the competitive grocery market. The rapid home delivery model may have consumer appeal on convenience, but making the business model profitable is a major hurdle. Milkrun, somewhat surprisingly salvaged by Countdown-owner Woolworths, is one of a number of startups in the Australian market that have been crushed by high operating costs. Dany Milham, the co-founder and CEO of Milkrun, boasted the startup would

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