ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to...
Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use the new funding to build new technology offerings, expand its geographic reach and increase its delivery speed, Pandion said in...
More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air. In today’s digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search,...
Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. Grocery giant Albertsons Companies, Inc., which has more than 2,200 locations across 34 states, reported financial results for the quarter ended Dec. 2 on Tuesday (Jan. 9),...
July 05, 2024
Great Britain’s Co-op is teaming with Walmart to expand its online grocery offering. The cooperative convenience store network announced Friday (July 5) that it will work with Walmart Commerce Technologies to implement its online fulfillment technology, “Store Assist.” “Growing our share of the quick commerce market is our focus through both our own online shop and with strategic partners,” Co-op Head […]
April 19, 2024
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg...
March 21, 2024
Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use the new funding to build...
November 21, 2023
Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in stores by the end of...
