CNN: The pandemic boosted food delivery companies. Soon they may face a reality check

CNN: The pandemic boosted food delivery companies. Soon they may face a reality check. “At the start of 2020, it looked like the food delivery sector was about to face a reckoning after years of raising and losing billions of dollars. One of the original food delivery businesses, Grubhub, was considering putting itself up for sale after losing its foothold on the market. Its competitors, DoorDash, Postmates, and Uber Eats, had also reportedly been in talks about mergers. Meanwhile, Uber’s CEO signaled a fundamental shift for its meal delivery service: focusing on profitable growth. Then the pandemic changed everything.”

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