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October 8, 2016 03:00 am GMT
I wrote last year about the broad, secular shift to online food ordering, and the significant capital inflows into the space that we were seeing. Fast-forward a year, and we’re now looking at a very different funding environment: international inflows of capital to the food delivery category dropped 69 percent in Q1 ’16, and then dropped another 49 percent in Q2 ’16. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/O63zqfbUF9g/
Online food delivery still presents a $210B market opportunity
I wrote last year about the broad, secular shift to online food ordering, and the significant capital inflows into the space that we were seeing. Fast-forward a year, and we’re now looking at a very different funding environment: international inflows of capital to the food delivery category dropped 69 percent in Q1 ’16, and then dropped another 49 percent in Q2 ’16. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/O63zqfbUF9g/
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