Comment on HelloFresh's Growth Shows Blue Apron's Problems Are Self-Imposed

HelloFresh's Growth Shows Blue Apron's Problems Are Self-Imposed

The meal kit industry is a tale of two brands these days. On one side is Blue Apron Holdings, Inc. (NYSE: APRN), a busted IPO that has lost nearly 80% of its share value since its market debut last June. On the other is HelloFresh, the German company that is quickly taking market share from Blue Apron and has seen its stock move steadily higher since its IPO on the Frankfurt Stock Exchange in November.While Blue Apron is losing customers and sales, HelloFresh just posted a blowout earnings report with revenue jumping 69% in its fourth quarter on a constant-currency basis.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News