229 place 8

422 Fast-Delivery Survivor Gopuff Burned $400 Million Last Year

The Information
Theo Wayt @ The Information 1 place · 05/09/2024 14:18 EDT

Instant-delivery pioneer Gopuff is the last speedy-delivery startup left standing in the U.S. after its best-funded competitor, Getir, said last week it would pull out of the country. That’s left Gopuff in the same position it was in 10 years and billions of dollars ago: trying to beat DoorDash.

But Gopuff is in a weaker financial position than DoorDash. Gopuff burned around $400 million in 2023, according to a former executive and another person with direct knowledge of the figures. That was despite a cut

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