Interview: Will speedy grocery ever be profitable? Delivery Hero’s Milena Lazarevska, VP of quick commerce
Startup Europe — The Sifted Podcast - A podcast by Sifted - Fridays
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This week we're back with a longer form interview, digging into one of the most hyped tech sectors in recent times: speedy grocery delivery. After startups in the space raised millions in 2021 — shooting to massive valuations in a matter of months — the bubble has now somewhat burst, as the former superstar Gorillas was sold at a big loss to rival Getir at the end of 2022. Today we're asking whether these services can ever turn a profit, in spite of the big costs associated with getting groce...