Wall Street

Ultra-fast delivery firms face post-pandemic hangover

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Prathamesh Jathar is one of many brightly dressed riders zipping through the streets of Berlin, dropping off groceries just minutes after the orders come in. The 25-year-old Master’s student from Mumbai could be a poster-child for the multibillion-dollar “quick commerce” sector, but instead he symbolises the malaise. “Working conditions are terrible,” he said, complaining that his employer, Turkish start-up Getir, fails to supply safety equipment or managerial support and did not tolerate unionisation — claims the firm denies. Worker discontent, a drop-off in investment and reduced demand all…

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