on-demand grocery

Uber rolling out same-day, on-demand grocery delivery in 400 cities

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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 and on-demand scheduled grocery delivery now being offered in over 400 U.S. cities and towns. The move, Uber’s first major grocery expansion in the U.S., will more than double the availability of its...

https://www.freightwaves.com/news/uber-rolling-out-same-day-on-demand-grocery-delivery-in-400-cities

Uber to acquire remaining share of on-demand grocer Cornershop

Uber to acquire Cornershop

Uber Technologies (NYSE: UBER) is acquiring the remaining shares in Cornershop, an on-demand grocery delivery platform. According to a Securities and Exchange filing this past weekend, Uber will acquire the remaining 47% of the company it doesn’t already own.

Cornershop CEO Oskar Hjertonsson confirmed the news on Twitter Monday morning.

“When building your future with someone … at some point you gotta go all-in!” he tweeted.

1 When building your future with someone… at some point you gotta go...

https://www.freightwaves.com/news/uber-to-acquire-remaining-share-of-on-demand-grocer-cornershop

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

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

Instacart may say no to an IPO

Instacart may skip IPO and sell direct to public

Grocery delivery app Instacart, which was expected to go public early in 2021 through an initial public offering (IPO), is now mulling alternative options, including a direct listing, according to a Reuters report.

Reuters said bankers that have worked Instacart’s potential listing believe it could be worth at least $50 billion. On Tuesday, Instacart announced the closing of a $265 million venture capital fundraise that valued the company at $39 billion. The round involved existing investors...

https://s29755.pcdn.co/news/instacart-may-say-no-to-an-ipo

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