This Grocery Delivery Company Is Shutting Down

According to Coresight's U.S. Online Supermarket Survey 2022 research, nearly half of all grocery buyers today order their groceries online and have them delivered straight to their doors.

Fans of one company, however, will have to transfer to a different one since it has ceased operations, laid off employees, and closed nine fulfilment locations.

The New York-based app 1520 was shut down in December 2021 after negotiations to be acquired by another food delivery business fell through. That specific rival is no longer in operation.

According to Commercial Observer, Jokr recently shut down operations in New York and Boston and is considering closing further U.S. locations in order to concentrate on its activities in Latin America.

While we were able to establish a fantastic customer base and construct the foundation for a long-lasting business in the United States,

In light of the current state of economic instability around the world, the company has made the difficult choice to leave the market "Late in June, the business informed clients via email.

Jokr was renowned for its 15-minute grocery delivery service, but effective of July 5, when utilising the app for delivery in Boston or New York, a notification reading, "Sorry, but you are not inside our delivery range.

When 1520 failed in December, Jokr was valued at about $1.2 billion, and its executives claimed that they had enough cash to last for two years. It ended operations in Europe in April.

Not the only grocery delivery service currently experiencing difficulties is Grubhub, which was unsuccessful in finding a buyer for a portion of the business.

The announcement coincides with the expansion of online and delivery services offered by major grocery retailer chains like Walmart and Amazon, which will make it simpler for customers to stick with a one-stop shop.

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