Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifies
The sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracking the space. The category is economically viable primarily in urban catchments, where high order density supports efficient fulfilment and worker utilisation. Expanding into lower-density neighbourhoods is significantly more challenging, another industry…
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
