JOKR leaving U.S., ‘for now,’ to focus on LatAm

On-demand food delivery company JOKR said it was shuttering its New York and Boston deliveries as of June 19 and leaving the U.S. market altogether, with co-founder and CEO Ralf Wenzel saying the startup is going to focus on Latin America.
“We have decided to stop our business activities in the U.S. for now, which have lately only accounted for about 5% of our business and with a very differently structured opportunity,” JOKR CEO Ralf Wenzel said in a statement. “Given our unique position in Latin America, we decided to increase our investments in the region organically and by exploring comple

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