Comment on Daily Crunch: Munchery shuts down

Daily Crunch: Munchery shuts down

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. After raising $125M, Munchery fails to deliver On-demand food delivery startup Munchery is ceasing operations, effective immediately. The company laid off 30 percent of its workforce in May, after shutting down its Seattle, Los Angeles and New York operations. At the time, Munchery said it planned to double down on its biggest market, San Francisco, which would help it “achieve profitability in the near term, and build a long-term, sustainable business.” Sadly, that doesn’t see to have worked out. 2.

 

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