grocery delivery

Amazon.com Inc. (NASDAQ:AMZN) is set to revamp its grocery business, integrating Whole Foods Market more closely since its acquisition almost six years ago, Bloomberg reports. The overhaul, led by former Tesco Plc executive Tony Hoggett, includes store revamps, testing highly automated warehouses,...

Amazon.com, Inc (NASDAQ: AMZN) Prime members in the U.S. will have to shell out more for grocery orders that are less than $150.  According to Amazon's new fee structure, starting on Feb. 28, Amazon Fresh home delivery will incur a $9.95 delivery fee for orders under $50. Orders between $...

The COVID-19 pandemic accelerated online grocery sales, but for traditional grocers, the rise in sales is eroding margins and driving growth in an unprofitable business sector. That is the big takeaway from a new study of 206 U.S. grocers by Wynshop, a digital commerce technology platform, and...

Jokr, the 15-minute grocery delivery firm that launched in June in three New York City boroughs, is expanding to three additional locations. The company on Tuesday announced it will begin servicing the Upper West Side, the Upper East Side, and the financial district. Jokr previously served only...

Same-day delivery firm Point Pickup Technologies has acquired GrocerKey, a white label e-commerce technology platform. Point Pickup expects the acquisition to provide it an end-to-end e-commerce platform, from pick-and-pack to last-mile delivery. Terms were not disclosed. "With almost 68 million...

One company is seeking to turn grocery shopping from an errand to an activity. Food and drug retailer Albertsons Cos. (NYSE: ACI) announced on Monday an overhaul of its digital segment, unveiling three new offerings to its suite of digital services, including FreshPass, a subscription service that...

Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....

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Just three months after its global launch, last-mile grocery and retail delivery platform JOKR has raised $170 million in a Series A investment round led by GGV Capital, Balderton Capital and Tiger Global Management. The round was joined by Activant Capital, Greycroft, Fabrice Grinda's FJ Labs, as...

Just when you thought Uber Technologies Inc. (NYSE: UBER) had perhaps put too many eggs in its basket, it's putting eggs in consumers' baskets – straight from the grocery store. The company on Monday announced its largest grocery expansion since launching in July 2020, with the company's same-day...

Residents of select New York City neighborhoods may feel like they are dreaming, but 15-minute grocery delivery has arrived. JOKR, which has already launched in Mexico City, Lima, Peru, and Sao Paulo, makes its official debut Thursday in the New York boroughs of Manhattan, Brooklyn and Queens....

San Francisco-based grocery delivery company Instacart Inc is considering an initial public offering early next year at a $30 billion enterprise valuation, according to Reuters. The grocery e-tailer has reportedly engaged Goldman Sachs Group Inc (NYSE: GS) as the lead book runner. What...

Lyft Inc (NASDAQ: LYFT) President John Zimmer said Tuesday the company is expanding its deliveries business after finding success with a pilot program during the COVID-19 pandemic. Zimmer, talking to investors on the company's third-quarter earnings call, said Lyft has been "very...

Instacart on Thursday said it secured $200 million as part of a new financing round that values the grocery delivery company at $17.7 billion. What Happened: Existing Instacart investors Valiant Peregrine Fund and D1 Capital Partners led the new financing round and comes at a time when...

Grocery delivery platform Instacart is now valued at $14 billion after raising $225 million in a new funding round led by DST Global and General Catalyst. What Happened: Instacart plans to use its new cash to support shoppers and partners and expand initiatives in advertising and enterprise. The...