At first glance, online platforms are built to be extended. Adding a range of services and products, adjacent to one another, but also connected, matches supply and demand across a continuum of activities. Thus, for the Ubers and the Airbnbs and the Lyfts and whole...
As leading food delivery aggregators seek out ways to drive more revenue from their costly driver networks, many are finding ways to grow their non-restaurant offerings. Uber, for its part, announced Tuesday (March 29) that it has entered into a partnership with bp to have...
Delivering wedding cakes and other bakery items adds a host of new challenges to the ones already faced by companies that deliver goods. These cakes are fragile, perishable and require timely delivery — after all, the customer needs them to be there in time for...
More than 3,000 bp retail locations will become available on the Uber Eats platform over the next three years to support the growing demand for the fast delivery of food, groceries and everyday essentials. The strategic partnership between bp and Uber is an extension of...
Instacart isn’t rushing to go public right now, according to CEO Fidji Simo, Bloomberg wrote. Simo, speaking at a conference on Monday (March 28), said the ultimate goal was that “the company that we do take public is a company that reflects the vision that...
Instant delivery platform Gopuff is teaming up with U.K. supermarket giant Morrisons to quickly bring thousands of goods, including locally-made food products, to consumers across the country, according to a press release on Friday (March 25). The multi-year partnership adds fresh food, Morrisons-branded items, and...
In response to changing market conditions, Instacart is cutting its internal valuation by 38% to $24 billion from the $39 billion it was valued following a $265 million funding round last year, according to reports on Friday (March 25). “We are confident in the strength...
Instacart is entering the ultrafast grocery delivery space. In an announcement on Wednesday (March 23) concerning the company’s new platform offering bundled services, the aggregator shared that it is planning to offer “Carrot Warehouses,” micro-fulfillment centers for 15-minute deliveries, with supermarket chain Publix set to...
As Amazon continues taking a bigger piece of the grocery delivery market and newcomers like Gopuff crowd an already-congested landscape, Instacart is planning to launch micro-fulfillment warehouses to gain a competitive edge, according to a press release on Thursday (March 24). The decision also supports...
