On-Demand Delivery Service Munchery Ceases Operations
PYMNTS
JANUARY 22, 2019
In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. Munchery came on the scene in 2010 and hit a valuation of $300 million in 2015 after raising $87 million in a venture funding round. That came after it shut down service in Seattle, Los Angels, and New York.
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