Online food delivery platforms in Kenya under probe
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 is coming for Instacart
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 will soon start charging delivery fees on Fresh grocery orders under $150
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
Is Instacart a forerunner of bad news?
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.
Duffl’s David Lin dishes on why traditional rapid grocery delivery is not working
David Lin believes his quick commerce startup, Duffl, is an outlier in an industry that has seen its fair share of struggles lately.
Oda, the Norwegian grocery delivery startup, raises a fresh $151M, but at a lowered valuation of $353M
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
Gopuff launches scheduled deliveries, gifting and in-store pickup
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
Instacart clears path to IPO
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, Walmart GoLocal, tops 1M deliveries in year one
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
Why you have to pay attention to the public markets this week
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
DoorDash to hike subtotal minimums for US subscribers
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’s new rewards program gives shoppers exclusive early access to orders and more
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 folds its InHome grocery delivery service into Walmart+ as an optional add-on
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 updates its customer ratings system, rolls out new features for shoppers
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
Berlin’s Gorillas lays off 300, explores ‘strategic options’ in 4 countries as funds dry up for its $3B instant grocery play
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
Uber, Grocery Outlet partner to pilot on-demand and scheduled grocery delivery
Uber is partnering with Grocery Outlet to pilot on-demand and scheduled grocery delivery, the company announced on Thursday. Starting today, users can shop at 72 Grocery Outlet stores in California, O
Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation
Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VC
3 questions concerning Instacart’s upcoming IPO
The key questions in our mind heading into Instacart's debut concern its growth, economics, and revenue mix.
Instacart is coming after users who tricked shoppers out of tips
In the height of the pandemic, grocery delivery behemoth Instacart dealt with “tip-baiting” or a gross tactic in which customers baited shoppers with a big tip, and then reduced said tip to zero a
Instacart now delivers market trends
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Welcome to our Friday show! Our regular co-host Natasha was of