You Better Wish Amazon Doesn’T Cross After Your Commercial Enterprise Subsequent

I think that Blue Apron will be struggling mightily to keep its business if Prime makes it so you don’t have to pay a full boat,” he said but added he was rooting for Blue Apron.
Besides Amazon, Blue Apron’s rivals include HelloFresh and Plated, which both ship boxes to customer’s doorsteps with raw ingredients needed to cook home meals.
Before its stock debut, Blue Apron lowered its IPO price amid the news that Amazon planned to buy Whole Foods.
Blue Apron’s stock is likely to struggle once Amazon enters the meal-kit delivery market, CNBC’s Jim Cramer said Monday.
Last week, the shares closed at a new low after an analyst slapped Blue Apron with a $2 price target.

Read more on: http://www.cnbc.com