Grocery delivery startup MilkRun collapses, blaming economic conditions

Ultra-fast delivery pioneer will cease trading on Friday and lay off more than 400 staff

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Fast delivery company MilkRun will close this week and all staff made redundant after the much-hyped startup failed in its quest to change the way people receive their groceries.

The Australian Financial Review first reported on Tuesday that one of the local pioneers of the ultra-fast delivery model would shut down after its founder, Dany Milham, blamed worsening economic conditions.

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