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Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifies

Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifies

Home/News/Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifies

The sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracking the space. The category is economically viable primarily in urban catchments, where high order density supports efficient fulfilment and worker utilisation. E

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