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Grocery delivery startup MilkRun collapses, blaming economic conditions


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Ultra-fast delivery pioneer will cease trading on Friday and lay off more than 400 staff

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Fast delivery company MilkRun will close this week and all staff made redundant after the much-hyped startup failed in its quest to change the way people receive their groceries.

The Australian Financial Review first reported on Tuesday that one of the local pioneers of the ultra-fast delivery model would shut down after its founder, Dany Milham, blamed worsening economic conditions.

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Continue reading…Ultra-fast delivery pioneer will cease trading on Friday and lay off more than 400 staffFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastFast delivery company MilkRun will close this week and all staff made redundant after the much-hyped startup failed in its quest to change the way people receive their groceries.The Australian Financial Review first reported on Tuesday that one of the local pioneers of the ultra-fast delivery model would shut down after its founder, Dany Milham, blamed worsening economic conditions.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…