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> immense value for customers. Perhaps, but that has so far been entirely sponsored by early investors. Deliveroo has never made a profit and it remains to be
by WJW 6y ago
> immense value for customers.
Perhaps, but that has so far been entirely sponsored by early investors. Deliveroo has never made a profit and it remains to be seen if it ever will. In a competitive marketplace where your competitors are well funded, it is very difficult to raise prices. That makes it kind of the opposite of a valuable company. The services it provides are also not extraordinary at all, home delivery has been a thing for decades.