Ask HN: Will these 15 min grocery apps ever be profitable?
It seems they’re being subsidized and won’t make sense for orders under a certain amount once they try and monetize, (E.g paying $5 to get a $0.45 onion delivered) which isn’t much different than WholeFoods or Peapod.
Could this be a case of VCs rushing in and racing for user acquisition metrics with no real long-term strategy like Clubhouse?Are they assuming total market saturation or economies of scale? What are their economics?
The whole industry seemed to come out of left field and makes no sense to me.