The new investment not only puts the company on a path toward profitability, but also solidifies its place in Brazil’s underserved grocery market.
While many quick grocery delivery startups have struggled, others are still seeing growth. Why? They are focused on emerging markets.
Founder and CEO Abhi Ramesh chats about how to succeed in this sector, the key to driving unit economics and what’s next for Misfits Market.
JOKR hit gross-profit status last April, but was swept into the challenging economic environment that affected the instant grocery delivery sector over the past year. Grocery deliverer JOKR doubles down on Brazil as it secures $50M on $1.3B valuation by Christine Hall originally published on TechCrunch
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