HelloFresh

HelloFresh Stock Tumbles 42% as Earnings Forecast for 2024 Outlook 'Far Worse' Than Expected

HelloFresh, a German meal-kit delivery service, faced a 42% stock decline following a bleak 2024 earnings outlook, with adjusted EBITDA expected to drop significantly. Regulatory issues and declining subscriber numbers further challenge its sustainability.

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HelloFresh closes Series C round with USD 7.5 million

HelloFresh was able to raise USD 7.5 million in Series C financing.

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