15-minute delivery

Getir to acquire Gorillas — and Gorillas investors may go bananas

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Ultrafast grocery delivery startups were once seen as part of the future of last-mile delivery, with...

https://www.freightwaves.com/news/getir-to-acquire-gorillas-and-gorillas-investors-may-go-bananas

Ultrafast grocery firm Jokr pulling out of US, selling assets

Grocery delivery bag on porch

As I wrote back in May, instant grocery delivery has reached an inflection point. 

Throughout the pandemic, investors poured boatloads of cash into ultrafast delivery startups, some of which had valuations north of $10 billion. But the promise investors initially saw in quick commerce has gradually evaporated.

It’s been a tumultuous few months for ultrafast delivery startups, and New York’s Jokr is the latest casualty. The company this week revealed that it would scrap its small share of the U.S....

https://www.freightwaves.com/news/ultrafast-grocery-firm-jokr-pulling-out-of-us-selling-assets

Getir laying off thousands of workers, cutting expansion plans

Getir employee with bikes

Ultrafast delivery just can’t catch a break this week. On Wednesday, Turkish instant delivery startup Getir told employees in an internal memo that it would be slashing its global workforce by around 14%. The news comes on the heels of Tuesday’s announcement from rival startup Gorillas that it would lay off 500 employees, or about half of its office workforce.

Estimates place Getir’s workforce at around 32,000 strong, meaning the cuts would impact some 4,480 employees. In addition, Getir said...

https://www.freightwaves.com/news/getir-laying-off-thousands-of-workers-cutting-expansion-plans

Ultrafast delivery startup Gorillas slashes workforce by half

Gorillas food and grocery

Instant delivery is reaching an inflection point. Ultrafast delivery startups like Jokr, Getir and the king of them all, Gopuff, hit the ground running, seeing tremendous growth in the early months of operation as customers embraced the promise of 15-minute delivery. But it seems the spell has begun to wear off.

In the latest blow to the young instant delivery space, Berlin-based startup Gorillas, one of several ultrafast platforms delivering in New York City, announced plans to lay off nearly...

https://www.freightwaves.com/news/ultrafast-delivery-startup-gorillas-slashes-workforce-by-half

Instacart and Publix roll out 15-minute grocery delivery in Miami

15-minute grocery delivery company Instacart app logo

In December, Instacart leaked its plans to offer 15-minute grocery delivery. A few months later, the company unveiled Carrot Warehouses, automated nano-fulfillment centers designed to power ultrafast delivery speeds. And now, it has its first adopter.

Regional grocer Publix, which boasts nearly 1,300 grocery stores spanning the American Southeast, will debut Instacart’s 15-minute delivery solution, Instacart announced this week. 

Publix on Thursday began delivering groceries to the Miami...

https://www.freightwaves.com/news/instacart-and-publix-roll-out-15-minute-grocery-delivery-in-miami

GoPuff raises $1.5 billion in anticipation of 2022 IPO

Gopuff has raised $1.5 billion as it gears up for a 2022 IPO

As a FreightWaves story opined in May, it’s time the logistics industry took notice of Gopuff. Well, it has, and so have investors.

According to a securities filing in Delaware first flagged by Prime Unicorn Index, the instant delivery company backed by SoftBank, Fidelity Management and Research Co. and Blackstone Group has raised $1.5 billion in what’s being called a series X raise, which could push its valuation as high as $40 billion, Axios reported. Multiple reports suggest the raise is...

https://www.freightwaves.com/news/gopuff-raises-1-5-billion-in-anticipation-of-2022-ipo

DoorDash and Instacart go head-to-head on ultrafast grocery delivery

Instacart and DoorDash are both rolling out ultrafast 15 minute grocery delivery services

Convenience is getting even more convenient. The rise of third-party food and grocery delivery platforms was already a huge game changer for many, but those services are only getting faster as companies like GoPuff, Jokr and Gorillas push delivery times closer and closer to instantaneous. We’re entering the era of ultrafast delivery, in which consumers can get food and groceries delivered within 15 minutes.

But now, Instacart and DoorDash are throwing their hats in the ultrafast delivery ring....

https://www.freightwaves.com/news/doordash-and-instacart-go-head-to-head-on-ultrafast-grocery-delivery

15-minute grocery delivery firm Jokr launches in 3 more NYC boroughs

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 Manhattan, Brooklyn and Queens residents. The firm is adding new hub locations in the added boroughs, expanding its total addressable market opportunity by 80% in the region.

Currently, Jokr offers over...

https://www.freightwaves.com/news/15-minute-grocery-delivery-firm-jokr-launches-in-3-more-nyc-boroughs

15-minute grocery delivery is real – and in New York, it’s free

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.

Founded by German entrepreneur Ralf Wenzel, JOKR utilizes local warehouse facilities to offer a full selection of products with a 15-minute delivery promise on items ordered through its app. Wenzel is...

https://www.freightwaves.com/news/15-minute-grocery-delivery-is-real-and-in-new-york-its-free