Meal-kit maker Blue Apron goes public, demand underwhelms as Amazon looms
Blue Apron Holdings Inc,
the biggest U.S. meal kit provider, raised $300 million as it went
public on Wednesday, a third less than it had hoped, as Amazon.com's industry-changing deal to buy Whole Foods Market Inc weighed on the sector.
York-based Blue Apron said late on Wednesday its initial public
offering of 30 million shares of class A common stock was priced at $10
per share, at the low end of the $10 to $11 per share range issued
earlier in the day.. . . more