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Detailed stories on technology startups, business and economic current affairs.
The on-demand logistics startup is a rare success story in a fragmented industry that has seen many others shut shop or struggle.

The on-demand logistics startup is a rare success story in a fragmented industry that has seen many others shut shop or struggle.

In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
Four years after listing, the logistics company is still searching for sustainable growth as rising costs, weak pricing power and limited new engines weigh on margins.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
Four years after listing, the logistics company is still searching for sustainable growth as rising costs, weak pricing power and limited new engines weigh on margins.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.