Kozmo Delays IPO

from the oh-really? dept

Like this one is a big surprise. Kozmo has announced they're putting off their IPO until at least early next year. It's funny how the announcement sounds like this is a casual decision. This from a company that laid off 275 employees last week, and will be laying off another 30 to 40 along with the postponement announcement. They're also still apparently working on a merger agreement with Urbanfetch.

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