Chef’d Halts Operations After Burning Through Cash
PYMNTS
JULY 18, 2018
Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. Consequently, please cease all work associated with Chef’d.”
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