At the end of February, just two weeks after Indonesian e-grocer TaniHub opened a mini-warehouse to offer same-day delivery to its customers in West Jakarta, it announced it was shutting down all business-to-consumer (B2C) operations. It said that it will focus solely on its business-to-business (B2B) unit—supplying produce to hotels, restaurants, small retailers, supermarkets, and in between.
This meant that the mini-warehouse—along with its same-day delivery service TaniInstan—was rendered obsolete even before it could start serving people.
So, why did TaniHub set up a unit if it had to fold? Moreover, what’s making it rush out of B2C?