Showing posts with label Blue Apron. Show all posts
Showing posts with label Blue Apron. Show all posts

Monday, July 17, 2017

Amazon's meal-kit patent to blame for dip in Blue Apron share price; New York Business Journal, July 17, 2017

Anthony Noto, New York Business Journal; Amazon's meal-kit patent to blame for dip in Blue Apron share price

"The Seattle-based e-commerce giant filed a trademark for a meal-kit service just weeks after New York-based Blue Apron made its public debut. Now, multiple reports suggest that Blue Apron's stock — down 7.7 percent in Monday premarket trading — is feeling the effects...

...Austin, Texas-based Whole Foods was looking at meal kits as a way to boost sales before Amazon came knocking."