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Blue Apron, a fresh meal kit delivery company, will now be backed by the tech billionaire following a $103M acquisition deal.
The meal kit company could run out of cash before it ever turns a profit.
Not even the allure of easy home-meal delivery during a nationwide pandemic was enough to make a significant difference for Blue Apron (NYSE:APRN).
As families cook at home and cut back on grocery runs, companies like Blue Apron are finding a reversal of their misfortunes.
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