Supie goes bust, likely heading for liquidation

The Supie team in better days. (Image: Supie)

Mon, 30 Oct 2023

Online grocery startup Supie has gone into voluntary administration after a key investor pulled its funding.And with a lack of funding to carry on, the administrators, PwC’s Richard Nacey and Stephen White, have already signalled the three entities in the group are likely heading for liquidation with initial estimates of its owing around $3 million.Established two years ago by Sarah Balle, Supie Group had the aim of introducing competition into the supermarket industry, employing 120 staff.'Rapidly growing'The collapse of the...

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