Today in Data: Delivering What People Want, When They Want It

Grocery delivery firm Buyk is planning to cease operations in Chicago and New York City after filing for Chapter 11 bankruptcy. Plus, Deliveroo continues to build out its ghost kitchen network, and FedEx discusses its future during its Q3 earnings call.

Data

$20: Average per-order loss by quick commerce firms

300+: Number of Deliveroo ghost kitchens opened through 2021

40B: Number of packages FedEx expects to deliver every year

153+: Number of countries where FedEx Ship Manager operates

39: Number of locations Buyk operated before Chapter 11 bankruptcy filing