OVERVIEW:

• Online grocery store in Switzerland that provides express or same-day-delivery of fresh products, such as vegetables, fruits, and regional produce, via fulfilment centers.

RANGE OF PRODUCTS:

• E-grocery of sustainable products with an average basket of CHF128.
• Private label products available, such as captive bakery and flower shop.

FINANCIALS:

• FY19A revenue: CHF10m.
• FY22E revenue: CHF39m pre-breakeven.
• Covering 1200 regional farmers and food producers for over 40K customers.

MARKET:

• Swiss e-grocery market expected to grow from CHF1.4bn in 2021 to CHF2.7bn in 2025 with a CAGR of 19%.

GEOGRAPHY:

• Switzerland.

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