Blue Apron Considers to Sell Itself or Raise Funds Citing Declining Revenue

Blue Apron Considers to Sell Itself or Raise Funds Citing Declining Revenue

On Tuesday, Blue Apron said it is estimating a wide range of tactical alternatives. Notably, the effort many include options like an auction of the company or its resources, raising funds, or a business combination. The battling meal-delivery service company has announced the news while announced its new quarterly outcomes. The meal-kit company has reported a loss of about $1.66 per share for Q4. The pit of loss seems much wider than the average estimations of analysts. For now, the company is moving ahead with a formerly revealed plan to…

Read More