Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Increasingly, consumers are growing to expect their on-demand food providers to span categories. Restaurant aggregators such as DoorDash and Uber Eats are making moves into the grocery space, while online grocery marketplace Instacart has begun firing back by offering meal solutions. Get the Full Story...
Because reaching scale is ultrafast grocers’ only hope of making the model work, the number of players currently making moves in the space around the world is unsustainable, and already there has been a significant amount of consolidation in this young category. Get the Full...
As DoorDash continues to fight against perceptions that its model is harmful to local businesses, the company announced Monday (March 14) a new accelerator program, this time with the goal of supporting small consumer packaged goods (CPG) businesses owned by people from marginalized groups. Get...
Deliveright, a final-mile digital delivery platform, is working with open software-as-a-service (SaaS) eCommerce company BigCommerce to simplify delivering heavy goods through automation, a press release said Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Hoping to capitalize on a post-pandemic return to at-home gatherings, Uber Eats has launched a series of new features for its Group Ordering function, the delivery service announced Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Demand for food delivery remains high even as ongoing inflation and labor challenges put additional pressures on the channel that was never economically sound to begin with. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As food delivery aggregators look to improve the economics of their business model by diversifying into new categories, DoorDash is getting into office supply delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
DoorDash, the U.S. food delivery company, wanted to take over Britain’s Deliveroo, but the companies weren’t able to reach an agreement, Bloomberg reported Sunday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...