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...
Software as a Service (SaaS) provider Ordrslip is partnering with DoorDash Drive, the white-label fulfillment platform of DoorDash, to advance affordable delivery from the mobile app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Instacart will be offering same-day delivery service from over 6,000 Family Dollar stores under a new partnership with the retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Dubai’s food delivery and rideshare startup Careem is introducing a commission-free model to help its restaurant partners in the United Arab Emirates (UAE) region, CNBC reported on Thursday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Whether it’s people, food, prescriptions or booze, it’s clear that Uber is up for swiftly bringing almost anything you want to your door, as evidenced by its planned $1.1 billion acquisition of Drizly announced Tuesday (Feb. 2) — its third such vertical product expansion in...
