Apparently ignoring the writing on the wall, Uber is entering into ultrafast delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
For the ultra-rich, their favorite restaurant’s delivery radius just got a whole lot wider. Private jet company Farringdon Jets announced in a news release Tuesday (Feb. 1) the launch of its “Quarantine Cuisine From Around The World” offering by which the company will fly meals...
Today in food commerce, ultrafast grocer Jokr looks for a buyer for its New York City business, and Instacart teams up with London-based multinational advertising and communications company WPP. Plus, Starbucks sees its recovery slowed by pandemic-related challenges. Get the Full Story Complete the form...
Over the past couple of years, many experts have been predicting that the ultrafast grocery delivery bubble, which has only recently begun to take shape, would burst, but likely few guessed that the bursting would start quite so soon. Get the Full Story Complete the...
Delivery startup JOKR, which aims to bring food and essentials to NYC doorsteps in 15 minutes, is reportedly scouting buyers for its city operations due to the exorbitant costs of doing business there, The Information reported, citing sources with insider information. Get the Full Story...
If the pandemic has shone a light on anything, it’s that logistics and shipping, the middle mile and the last mile, haven’t exactly kept pace with the heady rise of eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With ongoing labor challenges making the economics of delivery even more difficult than usual, Domino’s is doing everything in its power to outsource the labor of picking up its pizzas and bringing them to consumers’ homes to the customers themselves. Get the Full Story Complete...
Ultrafast grocers are hemorrhaging money. A recent Wall Street Journal report has found that these on-demand delivery services’ losses can amount to as much as $20 per order on average including ad spending. Get the Full Story Complete the form to unlock this article and...
Several startups around New York City are vying to be able to ferry groceries within 10 or 20 minutes, according to The Wall Street Journal on Sunday (Jan. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
