Meal-kit company Blue Apron considers selling itself

National News

FILE – In this Thursday, Oct. 19, 2017, file photo, the logo for Blue Apron appears on a screen above the trading floor of the New York Stock Exchange. Blue Apron, the online seller of meal kits, said it may put itself up for sale. The struggling company, which pioneered the meal-kit craze in the U.S., has faced tough competition from online rivals that also ship boxes of raw meat, fish and vegetables to doorstops. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Online meal-kit seller Blue Apron said it may put itself up for sale.

The struggling company has faced tough competition from online rivals that also ship boxes of raw meat, fish and vegetables to doorstops.

Grocers, including Kroger and Walmart, have also been selling their own ready-to-cook kits in stores.

The company said it is also considering merging with another company or selling parts of its business.

Blue Apron has seen its valuation dwindle since it became a public company. It was worth nearly $2 billion after its initial public offering in 2017.

On Wednesday, the company was valued at about $58 million. 

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Recent Videos

Minot State Basketball

Class B Basketball

High school basketball

Nationwide ammo shortage hits ND

Game warden scholarship available

Special Wishes 4

WDA Swimming

Rep. O'Brien releases statement

FNF pt. 1

FNF Pt 2

The Meeting Space

KX Convo: Tigirlily

Friday, February 26th, 2021 - KX Storm Team Evening Forecast - Dave Holder

New England Growing

Black History Wrap-Up

Thank a Resident Day

KX Storm Team Full Evening Forecast w/Tom Schrader 2/26

Wrigley Stepping Down

Drug Bust

Year in Parks

More Video

Don't Miss

More Don't Miss

KX News Trending Stories

Latest Stories

More Local News