goPuff

The Log Book: CMA CGM donates 12,000 turkeys to families nationwide

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: CMA CGM donates 12,000 turkeys, Gopuff donates $100,000 to fight food insecurity and supports rapper Quavo’s turkey drive, and SC Ports employees donate their Thanksgiving gift cards to a local food bank.

CMA CGM donates 12,000 turkeys to families nationwide

This Thanksgiving, global shipping and logistics company CMA CGM Group partnered with city food banks and The Salvation Army to...

https://www.freightwaves.com/news/the-log-book-cma-cgm-donates-12000-turkeys-to-families-nationwide

Stride aims to give every gig worker a portable benefits account

Stride secures $47 million funding raise to build out portable benefits accounts for gig workers and gig drivers

One enduring feature of the gig economy is “multi-apping” — driving or delivering for several platforms. Many gig workers drive not only with Uber, for example, but with Lyft, too.

The problem, though, is that gig workers don’t receive benefits from any of the platforms they work for due to their legal status as independent contractors, which has contributed to a back-and-forth between gig workers and gig companies that has roiled the gig economy for months.

But what if gig workers not only...

https://www.freightwaves.com/news/stride-aims-to-give-every-gig-worker-a-portable-benefits-account

A surprising collaboration for Walmart — Great Quarter, Guys

Great Quarter Guys 11/17

This episode is brought to you by DDC FPO, DDC is a business process outsourcing provider that specializes in freight. Discover why today’s top-rated LTL carriers rely on DDC FPO. Learn more at ddcfpo.com

On this episode of Great Quarter, Guys, FreightWaves Senior Retail Analyst Andrew Cox and Lead Economist Anthony Smith sit down to talk about the struggling, snarled supply chain and the top stories of the week. 

This week, they cover everything from controversy with delivery service GoPuff to a...

https://www.freightwaves.com/news/a-surprising-collaboration-for-walmart-great-quarter-guys

Gopuff continues fast-track expansion, acquiring UK-based Dija

U.S.-based Gopuff has made its second acquisition of a delivery platform in Europe, announcing on Thursday it was acquiring Dija, which operates approximately 40 microfulfillment centers across Europe, including in London, Paris and Madrid.

“There are many similarities between Gopuff and Dija: both of our businesses have a vertically-integrated operating model, we share many core values and a passion for both innovation and delivering for our customers,” the company said in the announcement.

Terms...

https://www.freightwaves.com/news/gopuff-continues-fast-track-expansion-acquiring-europe-based-dija

Deal of the day: Why DoorDash buying Instacart would create a powerhouse

Is DoorDash interested in buying Instacart

The fast-moving grocery delivery business got a new shock on Wednesday when The Information reported that DoorDash has held talks in recent months about exploring a possible acquisition of Instacart in a deal that would be valued between $40 billion and $50 billion.

According to one analyst, the move makes sense and would create a powerful combination.

“Things are changing so quickly in the grocery industry that a combined DoorDash [and] Instacart will be a formidable company,” Brittain Ladd,...

https://www.freightwaves.com/news/deal-of-the-day-why-doordash-buying-instacart-would-create-a-powerhouse

Instant delivery company Gopuff reaches $15B valuation

Four months after raising $1.2 billion, instant delivery application Gopuff announced it has closed on a Series H round for $1 billion, reaching a $15 billion valuation.

The round was led by new investor Blackstone’s Horizons platform and its previous investor Fidelity Management and Research Co. Participants in the round included previous investors Softbank Vision Fund 1, Atreides Management and Eldridge Capital, and new investors Guggenheim Investments, Hedosophia, MSD Capital and Adage...

https://www.freightwaves.com/news/instant-delivery-company-gopuff-reaches-15b-valuation

Advertising platform Skai reaches deal with Gopuff

Brands and shippers looking to reach a broader audience can now access Gopuff’s customers through a media partnership with Skai.

Skai is a go-to-market advertising product that allows brands and shippers to reach new customers through data-driven market intelligence and omnichannel platforms. Gopuff specializes in delivering essential and instant need items. It operates in over 650 cities and charges $1.95 as a flat fee for delivery. It recently reached a deal with Uber (NYSE: UBER) to provide...

https://www.freightwaves.com/news/advertising-platform-skai-reaches-deal-with-gopuff

It’s time the logistics industry took notice of Gopuff

This is an excerpt from Monday’s (5/13) Point of Sale retail supply chain newsletter sponsored by ArcBest.

There’s a startup that was first created to deliver stoner essentials to college kids but is quietly capturing the imagination (and venture capital) of the tech world, and it’s time the logistics world took notice. Gopuff, founded by two friends at Drexel University in 2013, began delivering items like vaporizers, grinders and rolling papers. Soon after, munchies like Ben & Jerry’s became...

https://www.freightwaves.com/news/its-time-the-logistics-industry-took-notice-of-gopuff

Uber teams with Arrival on EVs and Gopuff for everyday essential items

Arrival to build electric car for Uber

Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe.

Uber has a similar deal with General Motors (NYSE: GM) in the U.S., first announced in September 2020. The new deal with Arrival for a purpose-built electric vehicle for ride-hailing calls for the car to enter production Q3 2023.

Uber (NYSE: UBER) also announced an agreement with Gopuff in the U.S. to provide...

https://www.freightwaves.com/news/uber-teams-with-arrival-on-evs-and-gopuff-for-everyday-essential-items

Digital convenience store goPuff raises $1.15B

GoPuff, a Philadelphia-based digital convenience store, announced Tuesday it raised $1.15 billion in a Series G round led by an existing investor, D1 Capital Partners. Other investors include Fidelity Management and Research Co., Baillie Gifford, Reinvent Capital, Luxor Capital and SoftBank Vision Fund 1. The grocery delivery platform has raised a total of $2.4 billion and is now valued at $8.9 billion.

Co-founders and co-CEOs Rafael Ilishayev and Yakir Gola created the platform in 2013 while...

https://s29755.pcdn.co/news/digital-convenience-store-gopuff-raises-1-15b

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