Industry Keyword: Delivery
Sharing Economy
Deliveroo reports 36% rise in gross value of Q4 orders
Food delivery company Deliveroo said the gross transaction value (GTV) of orders on its platform rose 36% year-on-year in the fourth quarter, resulting in it hitting the top of its guidance range with a...
Online Marketplaces
Walmart to hire over 3,000 US drivers as it expands home delivery
Walmart has said it plans to hire more than 3,000 US delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its...
Sharing Economy
Deliveroo encouraged to seek more partners by Hop grocery trial
Deliveroo has seen a "really encouraging" response to its Deliveroo Hop dark-store rapid grocery trial, and said it would explore more partnerships with retailers using the model.
Deliveroo said in September it was working with...
Sharing Economy
Uber makes first operating profit as driver shortage eases
Uber has reported its first profitable quarter on an adjusted basis since it launched more than a decade ago with its two most important segments, ride-hailing and restaurant delivery, both turning the corner.
Company executives...
Sharing Economy
Delivery app Rappi says no action taken yet on eventual IPO
Delivery app Rappi has said it had not yet taken any action regarding an initial public offering, after media quoted its co-founder saying it would prepare listing paperwork in the first half of 2022.
Rappi...
Internet of Things (IoT)
Alphabet’s Wing project unveils new drone delivery model in Texas
Wing has said that Walgreens will use its new drones to make deliveries from a store in Texas, in the first use of such vehicles in a major US metro area.
The Alphabet Inc subsidiary...
Sharing Economy
Deliveroo aims to sell $1.4 billion of new shares in upcoming IPO
UK food delivery company Deliveroo has said that it plans to sell around GBP 1 billion (approximately $1.39 billion) of new shares in its upcoming initial public offering.
The company, which is backed by Amazon.com,...
Technology Platforms
Amazon plans AI-powered cameras in vans to improve safety
Amazon has revealed plans to install video cameras utilising AI technology in delivery vans, a move that the online marketplace says would improve safety of both drivers and the customers they deliver goods to.
The...
Sharing Economy
Uber launches medicines delivery service in South Africa
Uber Eats' South African unit has expanded its delivery offerings, launching an app-based over-the-counter medicines service as it seeks to claw market share in the fast-growing online shopping sector in Africa's most industrialised economy.
Uber...
Sharing Economy
DoorDash launches grocery delivery on its app
DoorDash, the largest American third-party delivery company for restaurants has launched a new grocery service, entering a crowded marketplace dominated by Instacart and Amazon Fresh.
Grocery delivery on DoorDash's program will start with Meijer, among...
Sharing Economy
How Uber Technologies hailed a deal with Grubhub only to let it slip
Uber's CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc ended with the food delivery company being acquired by European rival Just...
Covering Bases Blog
Data: Investors pour billions into automated delivery start-ups
Since September 2019, investors have pumped at least $6 billion into more than two dozen start-ups that are automating delivery of goods and food, from heavy trucks to sidewalk robots and drones. Below is a...