Chef’d, a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. The Wall Street Journal, citing people familiar with the matter, reported that during the past few months the startup, which was...
May 24, 2019
Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Starbucks’ rival in China filed for IPO in the United States with a valuation of almost $3 billion since its last funding round. “Not since the dotcom bubble of 1999-00 has a […]
July 18, 2018
Chef’d, a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. The Wall Street Journal, citing people...
