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Food-Delivery Companies Pressured To Turn Profit

  • Fortune, Sunday, January 19, 2020 1:38 PM
"Some on-demand food delivery services are starting to feel the squeeze" as "companies, especially those within the gig economy, are being held to a new standard: profits, and not just growth," according to Fortune. For example, "Grubhub, one of the oldest competitors in the space, reportedly hired financial advisers to explore putting the company up for sale," and "Postmates delayed ts IPO in October."

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