Cash Burn news and trends

Chef’d Halts Operations After Burning Through Cash
Startup Check-In // July 18, 2018

Chef’d, a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Luckin Stock Sinks 43 Pct Post-IPO

May 24, 2019
Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Chef’d Halts Operations After Burning Through Cash

July 18, 2018
Chef’d, a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. Get the Full Story Complete the...