Grocery Delivery Startups Rack Up Losses in Bid for Dominance

Feb 03, 2022, 08:00 AM

Startups aiming to deliver groceries in a matter of minutes are losing lots of money, and fast. Yet venture capitalists keep the investment dollars pouring in. The WSJ’s startups and venture capital reporter Eliot Brown joins host Zoe Thomas to discuss how this battle is playing out in New York City and why investors think now is the moment to make the “instant delivery” industry a reality.
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Startups aiming to deliver groceries in a matter of minutes are losing lots of money, and fast. Yet venture capitalists keep the investment dollars pouring in. The WSJ’s startups and venture capital reporter Eliot Brown joins host Zoe Thomas to discuss how this battle is playing out in New York City and why investors think now is the moment to make the “instant delivery” industry a reality.

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