Why MilkRun’s collapse shows the “days of cheap capital are over”
Inside Retail
APRIL 16, 2023
Last week, on-demand food and grocery delivery businesses MilkRun and CoLab collapsed. The pair join former competitors Voly and Send, as well as the local operations of Deliveroo and Foodora, on a list of failed on-demand delivery operators taking on the Australian market. While CoLab fell into voluntary administration, MilkRun’s founder Dany Milham, along with its leadership team, is killing the business off.
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