online grocery
Online grocery startup Pricepally to expand in Nigeria backed by $1.3M funding
Pricepally, a Nigerian online grocery store for fresh produce and packaged food, has raised $1.3 million seed funding, backed by Samurai Incubate (a Japanese VC that also participated in the…
Target.com is latest retailer to add support for SNAP payments for online shoppers
Target is the latest national retailer to roll out the ability for customers to pay with their SNAP (Supplemental Nutrition Assistance Program) benefits when shopping for groceries online. While the…
Online grocery company Misfits Market to acquire Imperfect Foods
This is Misfits Market’s first acquisition and is particularly fitting, given the online grocery environment over the past few years.
COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such…
The company’s U.S. operations accounted for about 5% of the grocery delivery startup’s overall business.
Indonesia’s Astro raises $60M to work on 15-minute grocery delivery
Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60…
When Alex Zhou moved to the Midwest for college in 2007, he had limited access to Asian groceries and products. Zhou had to drive two hours to purchase his favorite Asian…
Bokksu bags $22M Series A at a $100M valuation to deliver traditional Asian groceries to your home
Bokksu CEO Danny Taing has always been passionate about Japanese food and culture, so he moved to Tokyo after college and lived there for four years. When Taing moved back…
Walmart to expand InHome grocery delivery to 30 million US households in 2022
Walmart is expanding its service that will deliver your groceries directly to your refrigerator, the company announced today. First launched in fall 2019, Walmart’s InHome delivery service, as it’s called,…
Kurly lands $210M pre-IPO at a $3.3B valuation months after its last funding
Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong…
Pod Foods bags additional funding to overhaul the grocery supply chain
The company offers a data-driven approach to streamlining the retailer procurement process with brands while connecting consumers to a wider variety of products.
Instant grocery delivery startup JOKR bags another huge round to enter unicorn status
The company touts itself as “one of the fastest companies to reach unicorn status in history.”
Kurly, the Korean online grocery startup, plans June IPO at estimated $5.9B valuation
Kurly, a South Korea-based online grocery startup that provides next-day delivery services across the country, will go public by June next year. The startup, which declined to comment on how…
Meal planner startup Kitchenful raises $1.9M from VentureFriends, Goodwater Capital and Jabbar
With the pandemic turning us into delivery experts, consumers have also switched on to meal kits in droves, given that it combines both delivery and home cooking. But many meal…
Europe’s quick-commerce startups are overhyped: Lessons from China
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Amazon expands same-day Prime delivery to 6 more US cities
Amazon announced this morning it’s expanding its faster, same-day delivery service to half a dozen more U.S. cities. The service, which the retailer has been working to make same-day delivery…
Kurly, the Korean grocery startup, raises $200M on a $2.2B valuation after shifting IPO plans away from the NYSE
Online grocery startups around the world continue to pull in major investment, underscoring how much they have all grown — especially in the last year of pandemic living. In the…
Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe
“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark…
It’s no surprise that the coronavirus pandemic has changed the way we shop, especially when it comes to groceries. Grocery delivery apps experienced a record number of downloads in March…
HDS, from the Borders and Webvan founder, raises $3M as it gears up to launch its robot-run grocery and general merchandise play
The online grocery market is poised to get a little more crowded in the next several months, with the launch of a startup led by a veteran founder who has…
Mercato raises $26M Series A to help smaller grocers compete online
The pandemic upended the way people shop for their everyday needs, including groceries. Online grocery sales in the U.S. are expected to reach 21.5% of the total grocery sales by…
Norway’s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe
Food delivery startups, and specifically those focused on grocery delivery, continue to reap super-sized rounds of funding in Europe, buoyed by a year of pandemic living that has led many…
Everli, the European marketplace for online grocery shopping, bags $100M Series C
Everli, the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C…
Amsterdam’s Crisp, an online-only supermarket, raises €30M Series B led by Target Global
Crisp, an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and…
China’s tech firms rush to deliver solutions for grocery shopping
Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice…
KKR, Rakuten to acquire most of Walmart’s stake in Japanese supermarket chain Seiyu
Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at…
Instacart, in partnership with ALDI, will support SNAP EBT for online groceries
Instacart is making its grocery delivery and pickup services more accessible to lower-income customers by offering customers the ability to pay for groceries using their SNAP (Supplemental Nutrition Assistance Program)…
Jüsto adds another $5 million in funding to build its online, delivery-only grocery store for Latin America
As it begins expanding beyond its home base in Mexico City, the on-demand, online-only grocery store Jüsto has added another $5 million in early-stage funding. The new money came from…
Pandemic accelerated cord cutting, making 2020 the worst-ever year for pay TV
The pandemic has accelerated adoption of a number of technologies, from online grocery to multiplatform gaming to streaming services and more. But one industry that has not benefited is traditional…
Walmart+ launches Sept 15, offering same-day delivery, gas discounts and cashierless checkout for $98/yr
Walmart today officially unveiled its new membership service and Amazon Prime rival, which it’s calling “Walmart+.” The $98 per year service will combine free, unlimited same-day delivery on groceries and…