This week, London based delivery startup Jinn announced that it is shutting down. Jinn started with technology platform that aims to brings together independent courier services providers with mobile customers provided by Ridee Ltd.
Jinn was designed to be an aggregator of merchants began offering takeaway services within urban areas in the United Kingdom. According to TechCrunch, founder and CEO of Jinn Mario Navarro confirmed that the startup has entered the deadpool, and issued the following statement:
“To our employees, couriers, partners and customers,
It is with a heavy heart that I share that Jinn has now stopped operating and won’t be taking any new orders.
These past few months, we have tried through all means to find solutions to keep Jinn alive. Unfortunately, we have now run out of time and we will be filing for administration. We deeply apologise to everyone who relied on Jinn in any way.
To our employees, I’d like to thank you for everything that you’ve done in these past four years. You have helped develop a platform capable of delivering orders from any store or restaurant in around thirty minutes, a first of its kind in the United Kingdom. You have helped make this service known to over a hundred thousand customers, who have received over a million deliveries. You have supported these customers and thousands of couriers and partners across these years. Your achievements have been nothing short of extraordinary and the fact that Jinn is closing does not change that.
To our couriers, partners and customers, thank you for being part of a great community and for accelerating innovation in the on-demand delivery space. Together, we have greatly improved the standards of this market, and it is stronger than ever thanks to you. We encourage you to continue working with the different companies providing solutions for on-demand delivery in the UK. I’m confident that this market will continue to grow and I’m hopeful for the future.
Mario”
According to sources, last-minute acquisition talks fell through, and the startup was forced to shut down.
Also in the news: Mud flies as former Jinn employees speak out about their time at the on-demand delivery startup