I believe immediate grocery delivery provides consumers with legitimate value, but the vast majority of fast grocery delivery companies haven’t been able to leverage technology to create a platform worth investing in. Hmm, Rudd said in a LinkedIn post.
In other words, these companies are making huge investments, but the companies themselves are of little value. It’s like WeWork. Buyk may be an exception.
According to Buyk, the difference is that the venture has adopted the latest programming and marketing techniques to invest in building multi-million dollar software systems that combine purchasing experience with inventory and delivery management.
In addition, a carefully selected assortment of products, combined with artificial intelligence, provides a streamlined shopping experience and eliminates the time-consuming browsing of irrelevant items.
I can’t confidently state that they really differentiated themselves from their competitors until the founders of Buyk allowed me to evaluate their software platform, Rudd commented. To do.
However, if Buyk creates a platform specific to rapid grocery delivery that offers features not found on other platforms, it should be considered a company worth investing in.
Ahold Delhaize, which acquired FreshDirect, needs to evaluate Buyk and Jokr for potential acquisitions.
He concludes that I will keep an eye on Buyks’ progress very carefully.
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