A quick-delivery grocery service operating in New York City shuttered operations, furloughing the majority of its employees after Russian sanctions cut off the company’s source of funding.
A quick-delivery grocery service operating in New York City shuttered operations, furloughing the majority of its employees after Russian sanctions cut off the company's source of funding.
Buyk is one of roughly a half dozen start-ups to emerge in the city's growing quick commerce business. They promise delivery of essential grocery items in 15 minutes or less. Sanctions levied against Russia has cut off the company off from its primary investors and forced the furlough of 98% of its staff.
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