A two-year-old self driving startup called Gatik has raised $4.5 million in seed funding, and also announced a commercial partnership with Walmart for deliveries, according to reports. The round was led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital...
FedEx announced on Thursday (May 30) a series of initiatives aimed at enhancing delivery for consumers, including seven-day delivery. In a press release, FedEx said the efforts focus on extending the delivery week, taking back more of the last-mile delivery and handling large packages as...
Neolix, a Chinese startup, has begun mass producing small driverless delivery vans, with customers like JD.Com and Huawei already signed on as clients, according to a report by Bloomberg. The company’s vehicles look like tiny vans, and it expects the delivery of about a thousand...
Huawei, the Chinese telecom operator that was blacklisted by the White House, is reportedly looking at its relationship with FedEx after it contends Fedex diverted two parcels destined for Huawei’s offices in Asia. According to Reuters, citing Huawei, FedEx also tried to divert two other...
Yandex, Russia’s largest technology company, is starting a delivery service that will let customers request meals from restaurants even if they’re not on the menu, according to a report by Bloomberg. In a twist on the traditional delivery model, Yandex will make meal kits with...
Ola, the Indian ride-hailing startup, is overhauling its food business. According to a report in TechCrunch, citing sources familiar with the matter, Foodpanda, the food delivery startup Ola purchased in late 2017, will now focus on making private-label food for delivery. Ola currently has more...
Uber, the newly public ride-hailing startup, is gearing up to launch a subscription plan for food delivery. Reports citing code hidden in the Android Uber app reported the service will cost $9.99 a month, giving users free unlimited food delivery. The service will be called...
In a move that’s been anticipated since 2017 when Amazon acquired Whole Foods, the grocer and delivery firm Instacart have parted ways, according to a report by CNBC. Instacart Co-Founder and CEO Apoorva Mehta said his company is ready for the change, even though the...
Square, the digital payments company, has inked a deal with delivery startup Postmates to provide an on-demand delivery for Square small business customers. According to a report, the companies announced that Square merchants can now offer customers the ability to have items delivered via Postmates. Merchants...
