Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a
Amazon is piloting a new grocery subscription offering for Prime members in three cities, the company revealed on Thursday. The new $9.99 per month subscription gives Prime members access to unlimited
Getir, the Turkish instant grocery delivery startup, has made an acquisition to expand its presence in the U.S. and to further its strategy as a consolidator in its category. The company has scooped u
Founder and CEO Abhi Ramesh chats about how to succeed in this sector, the key to driving unit economics and what’s next for Misfits Market.
In a press release sent to AFP, Getir has announced that it plans to exit France. As a reminder, Getir pioneered the concept of quick commerce. Those services allow you to order groceries without pick
The competition regulator in Kenya is probing the conduct of online food and grocery delivery platforms to inform its suggestions on regulatory and policy options, to bolster healthy competition and e
Uber has rolled out updates to its Shop and Pay feature that address three of the most commonly raised courier issues: out of stock items, digital payments and order clarity before accepting a trip. T
Amazon is going to start charging delivery fees for Fresh grocery orders that are under $150, the company said in an email to Prime members. Prior to this change, Amazon offered Prime members free gro
Instacart's first major valuation haircut was a sign of bad things to come for other tech companies on the delivery, IPO or valuation fronts. It now seems that we might not have hit rock bottom yet.
David Lin believes his quick commerce startup, Duffl, is an outlier in an industry that has seen its fair share of struggles lately.
Online grocery delivery, a booming business at the height of the COVID-19 pandemic, has definitely come down to earth with the shifts in the economy, public health and technology investing. Oda, one o
Rapid grocery deliver startups like Getir, Gopuff and Gorillas, once heralded as the next big thing in on-demand ordering, are running up against logistical challenges that might very well be insurmou
With Instacart expected to go public later this year, news of its improving financial performance sets the stage for an S-1 filing.
Walmart’s last-mile delivery service business, Walmart GoLocal, has topped 1 million deliveries in its first year, the retailer today revealed. The company offered a brief update on the state of
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest and most intere
Food and grocery delivery company DoorDash is raising the bar for orders through its subscription service DashPass. According to an email update, starting August 12, “DashPass subtotal minimums
Instacart announced today that it’s launching a new “Cart Star” rewards program for shoppers on its platform. The program will offer incentives in three tiers: gold, platinum and dia
Walmart announced today that its InHome grocery delivery service is now available as an optional add-on within its Walmart+ membership, the retailer’s low-cost alternative to Amazon Prime that offer
Instacart announced today that it’s introducing a revamped customer ratings system that is designed to be more informative and fair for shoppers on its platform. The company will now remove a ra
It’s crunch time in the world of instant grocery delivery, with the latest turn representing a big blow specifically in Europe. Berlin-based Gorillas, which raised nearly $1 billion dollars at a