German food delivery group Delivery Hero — which is perhaps best known for its Foodpanda brand in Asia — announced it was pulling out of the region because of increasing competition and a lack of drivers to fulfill customer orders, according to a Financial Times...
Ultrafast delivery is expanding throughout the United States and around the world, posing questions for convenience retailers that, if not answered quickly, could become a significant threat to their existence. After all, so much of convenience stores’ value prop comes from their geographical convenience, a...
Independent pharmacy solution platform BestRx is integrating with STAT to offer a full suite of on-demand and overnight delivery services for independent drugstores, including flat-rate pricing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
For the grocery industry, one of the most exciting spaces today is the rise of ultrafast grocery delivery. Around the world, new players are making their entries into the category, from newcomer startups to leading on-demand delivery companies. Get the Full Story Complete the form...
Consumers want food delivery faster and more frequently than ever, but the economics still do not work. With leading services raising prices from their initial venture capital-subsidized rates and yet still typically failing to make a profit, with customers growing frustrated with rising costs, and...
Rapid delivery startup Getir is already zipping around New York City, Chicago and Boston, but its under-10-minute drop-off service for groceries and essentials will soon be targeting a larger footprint in the U.S. Get the Full Story Complete the form to unlock this article and...
Delivery Hero’s Foodpanda unit will exit six German cities — Cologne, Düsseldorf, Frankfurt, Hamburg, Munich and Stuttgart — and sell its Japanese Foodpanda division in the first quarter of next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The price of shipping and logistics for companies is not expected to ease in the new year as the challenge to deliver products endures amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The DHL Supply Chain is capitalizing on the booming eCommerce phenomenon, processing 3 million orders and more than 11 million packages shipped between Black Friday and Dec. 3, the company said Monday (Dec. 20). Get the Full Story Complete the form to unlock this article...