An online supermarket that was started to create competition in the grocery sector has gone into voluntary administration.
Richard Nacey and Stephen White, of PwC New Zealand, were appointed administrators of Supie Limited on Monday by the director and founder Sarah Balle.
According to the National Business Review, a key investor pulled support for the group.
Stuff attempted to contact Balle, but her phone seemed to have been disconnected. All of Supies social media accounts had also been deleted.
Nacey told NBR the business had faced cashflow difficulties.
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While sales have rapidly grown over the last calendar year, recent …
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