Blue Apron Will Get Delisted

Blue Apron Holdings, Inc. operates direct-to-consumer platform that delivers original recipes, and fresh and seasonal ingredients. It also operates In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals; and supplies poultry, beef, and lamb.

Blue Apron is responsible for pioneering meal kits to the masses and went public in 2017.  What they didn’t realize is the barriers to entry were low and quickly faced increasing competition.

After Amazon bought Whole Foods, two weeks after Blue Apron went public, Amazon announced it was entering the meal kit business. Amazon

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