On Monday (March 8), Uber Eats’ former head of product Daniel Danker announced via Twitter he has left the company to join Instacart as vice president of shopper and fulfillment, days after The Information initially broke the news. The news comes as Instacart is looking...
As London-based meal delivery service Deliveroo gears up to go public, its revenues are plummeting. Even as the United Kingdom’s lockdowns have incentivized many consumers to order food delivery more often, with Deliveroo CEO Will Shu estimating the pandemic “accelerated consumer adoption of these delivery services by...
The past year has seen a massive shift in habits across demographics. For many consumers, this meant tending toward grocery stores where previously they would have dined out or switching to off-premise ordering instead of eating in restaurants. On campuses across America, students had to...
Deliveroo is rolling out a new £50 million Communities Fund to give more aid to local communities where the company operates, along with restaurant partners and riders, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Albertsons, the country’s second-largest grocery store chain, is partnering with automated logistics startup Tortoise to pilot the beta launch of a robotic fleet of Safeway delivery carts in the towns of Tracy and Windsor in Northern California. Albertsons acquired Safeway in a $9.2 billion merger...
Concerned it could lose out by having a traditional initial public offering (IPO), Instacart is mulling the idea of going public through a direct listing, Reuters reported Friday (March 5), citing sources. The San Francisco-based grocery delivery company has yet to make a final decision on its...
Serve Robotics, spun from Uber’s $2.65 billion acquisition of Postmates last year, just closed a seed funding round for an undisclosed amount, according to a press release on Tuesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s been quite the year for third-party delivery companies, with consumers’ mass adoption of off-premises ordering posing an unprecedented opportunity. Yet, as some of these delivery services saw strong growth during lockdown, others struggled to turn a profit in the face of the narrow margins of...
Shippo, the eCommerce IT platform, has raised $45 million in new funding, according to a company blog, now being valued at $495 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
