Zapp, one of the new breed of rapid grocery delivery apps engaged in a battle for share of British shoppers’ wallets, is opening talks about a new round of funding less than seven months after tapping investors for nearly $100m (£72.5m).
According to Sky News, Zapp has hired JP Morgan, the Wall Street banking giant, to advise on its next capital-raising, underlining the rapacious rate at which food delivery platforms are devouring investors’ money.
Read the full article on the Sky News website
