Delivery firm collapse leaves 1,800 couriers out of pocket

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The start-up had raised a total of $20m when it collapsed, but only had assets of £186,873. Jinn served as a courier service and on-demand app designed to offer almost any product, from McDonalds to non-food items like beauty products.

But operating in a saturated London market, the company was forced to close just three years after launching, as rivals like Deliveroo and UberEats strengthened their dominance.

Deliveroo has since raised an additional £285m in venture funding. Founded as a local delivery outfit by entrepreneurs Mario Navarro and Leon Herrera, Jinn expanded rapidly to other UK cities including Glasgow, Edinburgh, Birmingham, Manchester and Leeds.

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