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Business Wars Daily

Blue Apron to Become an Acquired Taste

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 18 October 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Wednesday, October 18, and we're looking at Blue Apron vs. Hello Fresh.

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Transcript

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0:00.0

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0:04.8

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0:08.5

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0:11.5

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there. Members support each other anonymously, sharing what's helped them on a range of subjects,

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from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

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0:46.7

To join, search McMillan online community.

0:49.2

Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Wednesday, October 18th.

1:07.8

You know, it seems like we do a lot of reminiscing about what things were like during the

1:11.3

pandemic, huh? But it's hard to ignore such an historic change in the way people worked and lived

1:17.0

and the impact those changes have had on businesses. One of the sectors affected was

1:21.8

meal kit businesses. Companies like Blue Aprons spiced up dinner time when they burst on the scene

1:26.6

about a decade back.

1:28.4

Your subscription box arrived with everything you needed for a tasty dish, no shopping, and minimal chopping required.

1:35.0

Busy professionals love the concept, and within a few years the company had a $2 billion valuation and an IPO.

1:42.0

After that, the company has had its ups and downs, with one of the lows being a

1:45.5

stock price of less than a dollar. But then folks were told to stay home. With restaurants closed

1:51.2

and the same old spaghetti dinners not cutting it, meal kits boomed. Suddenly, you could have beef

...

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