Hedge Funds Bet Online Food Ordering Will Deliver Big Profits

A number of funds have lined up behind a variety of public and private players.

Andrey Rudakov/Bloomberg

Andrey Rudakov/Bloomberg

Hedge funds are betting that ordering and delivering restaurant meals to customers’ homes is a big growth business and not a fad.

A number of hedge fund firms have been aggressively placing bets on a variety of players, most of which are still privately held.

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