Thursday, March 30, 2017

Blue Apron hires bankers for IPO

Image result for blue apronBlue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter.

Blue Apron, which is named after the uniform that apprentice chefs wear in France, delivers its prepackaged ingredients and recipes to subscribers' doorsteps for them to prepare at home, a new business model attempting to disrupt traditional grocery shopping.. . . more

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