Billionaires Who Rode Online Delivery Boom Watch Fortunes Vanish
10/04/2023 08:16
From San Francisco to Istanbul, founders of online-delivery companies that exploded during the pandemic are watching their fortunes disappear.
From San Francisco to Istanbul, founders of online-delivery companies that exploded during the pandemic are watching their fortunes disappear.
The boom minted six known billionaires, four of whom have already lost that status, according to the Bloomberg Billionaires Index. The group, which includes the founders of Turkey’s Getir, Amsterdam’s Just Eat Takeaway.com NV and Silicon Valley’s Instacart and DoorDash Inc., has lost more than $15 billion in total.
Up Next
Billionaires Who Rode Online Delivery Boom Watch Fortunes Vanish