Instant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture market share. Despite increased cash burn, order growth is modest, indicating a fierce customer acquisition battle. Companies are prioritising scale over immediate profits in this competitive landscape.
Instant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture market share. Despite increased cash burn, order growth is modest, indicating a fierce customer acquisition battle. Companies are prioritising scale over immediate profits in this competitive landscape.
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