The chief executive of Snappy Shopper has warned that Scotland's local shops could be at risk of going out of business due to the threat of so-called 'dark stores' which fulfil orders for the major rapid-delivery platforms.
The Scottish scale-up recently completed its five millionth order after growing quickly during the pandemic, something Mike Callachan reckons is in stark contrast to the delivery giants, which appear to be pivoting as they look to curb spending and cut jobs.
Snappy Shopper’s continued growth has been achieved on the back of last August's £19.4m Series A funding round, while he pointed out that German on-demand groceries app Gorillas - one of the largest dark store operators in Europe, and currently expanding into the UK - has raised more than £1bn investment, but reportedly burned through around £77m per month at the end of 2021.
