Could ghost kitchens become the next battleground involving Uber and its founder and former CEO, Travis Kalanick? As is now old news, a Dec. 24 announcement said that Kalanick would officially step down from Uber’s board as of Dec. 31, 2019. At the time of...
FedEx posted disappointing Q2 earnings results, but in a call with investors, the company’s CFO said it will not only rebound but surpass Amazon in fiscal year 2021, according to a report by CNBC. “If you think about all the positive things we’ve said and...
South Korea’s Woowa, the startup behind the Baedal Minjok app — commonly known as Baemin — was offered $4 billion by Berlin-based Delivery Hero, Bloomberg reported on Friday (Dec. 13). Before the deal is sealed it must undergo an antitrust review since Delivery Hero also...
Apparel and accessories retailer Old Navy, which is owned by parent company Gap, has teamed up with Postmates on same-day delivery during the holidays, according to a report by CNBC. The option will be free for customers from Dec. 21 to Dec. 23, as the...
Uber has introduced a group ordering option, the company said in a blog post. “Whether you’re at the office, going to a friend’s place or hosting at home, coordinating group meals can be challenging — especially when you and your guests are hungry and the...
Uber CEO Dara Khosrowshahi said the ride-hailing company could potentially offer courier services for retail businesses in the future, according to a report by Reuters. Khosrowshahi was speaking at a meeting at the Economic Club of New York, and he talked about his tenure at...
Flow, a logistics startup that helps companies with cross-border eCommerce solutions, has raised $37 million in a Series B funding round, according to a report. Flow CEO Rob Keve said that because of advances in social media and the way things are marketed throughout platforms,...
Food-delivery startup Postmates has laid off dozens of employees and shuttered its Mexico City office, CNBC reported on Tuesday (Dec. 3), citing sources. Postmates, which has about 1,300 employees, started laying off dozens of people this week, and not just in Mexico City, sources told...
Due to a shorter holiday season, delivery companies like Amazon, UPS and FedEx are facing pressure to get packages to customers in a shorter time frame, according to a report by The Wall Street Journal. The holiday season this year has six fewer days, because...
