Billionaires Who Rode Online Delivery Boom Watch Fortunes Vanish
Once-generous valuations for the cash-guzzling businesses have been slashed. (Representational) 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…
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