Data: On-demand grocery start-ups face profitability challenge
Food-delivery services including many start-ups are racing to compete in the on-demand grocery market, but profitability is likely to be some way off.
Analysis by Bain & Company shows such start-ups āface a challenge reaching profitability because they have not yet achieved scale economics, and they require making significant marketing investments to acquire and retain new customers in their launch phasesā.
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