| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
8 |
| Employees |
1,300 |
| Revenues (TTM) (Millions $) |
425 |
| Net Income (TTM) (Millions $) |
-112 |
| Cash Flow (TTM) (Millions $) |
-4 |
| Capital Exp. (TTM) (Millions $) |
5 |
Business Description
Blue Apron Holdings Inc. is an American meal-kit delivery company based in New York City. It was founded in 2012 by Matthew Wadiak, Ilia Papas, and Matt Salzberg. The company's mission is to make home cooking accessible to everyone by providing high-quality ingredients and easy-to-follow recipes.
The company offers two types of meal plans: a 2-person plan and a family plan. These plans can be customized to include different types of meals, dietary restrictions, and delivery schedules. Customers can choose from a rotating selection of seasonal recipes that are designed by Blue Apron's team of chefs and nutritionists.
Blue Apron sources its ingredients from sustainable and ethical suppliers, and it prioritizes organic and non-GMO products when possible. The company also focuses on reducing food waste by pre-portioning and packaging ingredients, and by donating excess food to local food banks.
Since its founding, Blue Apron has grown rapidly, attracting millions of subscribers and achieving a valuation of over $2 billion. However, the company has also faced significant challenges, including rising competition from other meal-kit providers and declining subscriber numbers. In 2017, Blue Apron went public on the New York Stock Exchange, but its stock price has since struggled.
In recent years, Blue Apron has expanded its offerings beyond meal kits, launching a meal-prep kit called Knickknacks and partnering with retailers like Costco to sell its products in stores. The company has also invested in automation and technology to improve its supply chain and reduce costs.
Overall, Blue Apron Holdings Inc. is a meal-kit delivery company that aims to make home cooking accessible and sustainable. While it has faced challenges in a competitive market, the company remains committed to its mission and continues to innovate and evolve its offerings.
Company Address: 28 Liberty Street New York 10005 NY
Company Phone Number: 719-4312 Stock Exchange / Ticker: NASDAQ APRN
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