online grocery delivery

Meta Platforms enters grocery delivery arena with WhatsApp service

JioMart Jio Platforms grocery delivery courier

The largest companies in the U.S. are jumping onto a new delivery trend. Amazon, Walmart and Target are just a few of the Fortune 500 firms that have tried their hand at on-demand grocery services. 

The list just got longer.

Meta Platforms (NASDAQ: META) on Monday introduced a new delivery service that allows customers in India to order groceries through the popular Meta-owned messaging platform WhatsApp. The end-to-end offering is being rolled out in partnership with JioMart, a joint venture...

https://www.freightwaves.com/news/meta-platforms-enters-grocery-delivery-arena-with-whatsapp-service

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

E-commerce consumers keep shopping, even as inflation drives up prices

Inflation has driven e-commerce revenue higher in the past year, with the first two months of 2022 particularly impacted, according to research from Adobe.

The firm said $3.8 billion of e-commerce sales growth in January and February of this year was due to higher prices. The U.S. Bureau of Labor Statistics’ Consumer Price Index said e-commerce sales fell 3.7% in February from January, which saw a 14.5% increase from December. Neither number was adjusted for inflation.

Adobe (NASDAQ: ADBE), which

https://www.freightwaves.com/news/e-commerce-consumers-keep-shopping-even-as-inflation-drives-up-prices

Amazon is about to shake up grocery delivery

Amazon Fresh Marketplace is coming, and it's ready to shake up grocery delivery

Third-party food delivery services like Uber Eats and DoorDash have become a part of the fabric of the U.S., with well over 100 million users placing orders on the apps last year. But those companies have begun to realize that delivering from restaurants and convenience stores is just the tip of the iceberg.

Grocery delivery has long been seen as the domain of Instacart and Walmart, but more and more food delivery platforms are experimenting with the service. Take, for example, Uber (NYSE: UBER),...

https://www.freightwaves.com/news/amazon-is-about-to-shake-up-grocery-delivery

Online grocery platform Misfits Market nabs $225 million Series C-1

Misfits Market gets new Series C-1 funding round of $200 million, raises valuation to $2 billion

During online grocery’s brief history in the marketplace, three power players have emerged. Walmart, Instacart and Uber, a trio of well-established companies with dedicated user bases, are currently leading the race, but as the grocery delivery wars heat up, there’s a fourth player that looks ready to throw its hat into the ring.

Online grocery platform Misfits Market on Tuesday announced that it had closed a $225 million Series C-1 funding round, bringing the company’s total funding to $526.5...

https://www.freightwaves.com/news/online-grocery-platform-misfits-market-nabs-225-million-series-c-1

Walmart reigns in grocery delivery wars, but Instacart is pushing hard

Walmart leads Instacart in online grocery delivery sales

January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31. Sales in February started to fall, dropping 14% to $8 billion, and have remained on a slow decline since, as more Americans began leaving their homes. Sales fell 24% from January through June, according to Bloomberg Second Measure.

But for some companies, online grocery sales and delivery remain red-hot, and...

https://www.freightwaves.com/news/walmart-reigns-in-grocery-delivery-wars-but-instacart-is-pushing-hard

Instacart to build warehouses in partnership with retailers

Instacart is moving beyond the store with plans to open robotic fulfillment centers for grocers to handle online orders. The grocery delivery company has announced that Fabric will provide the software and robotics for the facilities, which will start rolling out over the next 12 months, according to The Wall Street Journal.

“With the rapid adoption of online grocery shopping that’s taken place over the last year, the grocery industry has experienced an accelerated transformation that’s required...

https://www.freightwaves.com/news/instacart-to-build-warehouses-in-partnership-with-retailers

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