Indian food-delivery company Zomato weathered a decrease in revenue after COVID-19 hit — but at the same time saw an increase in profitability, founder and CEO Deepinder Goyal said in a blog post yesterday. The privately held company saw revenue for the fiscal year that...
Groceries delivered by drone? A supermarket in Alabama is shaping up to be the next big testing ground for what could either be the wave of the future in retail — or an idea better suited for the Jetsons than for real life. The world...
It’s got Netflix series written all over it: “Grocery Delivery Wars.” Imagine drones racing through the skies, festooned with NASCAR-like logos, laden with boxes of comestibles as cohort drivers on the ground try to outwit each other to drop Pop-Tarts and paper towels at people’s...
With the demand for touchless services on the rise around the globe in the COVID-19 era, San Francisco-based Uber Technologies is launching a grocery delivery service serving select Latin American and Canadian cities. The company is teaming up with Cornershop, a grocery delivery startup based...
Zomato, the $3 billion Indian food startup, has been cut off from its biggest Chinese investor Ant Financial amid new Indian regulations, The Financial Times reports. According to people with knowledge of the situation, Zomato has been unsuccessful at securing $100 million of the $150...
As Americans head into Fourth of July barbecues and related celebrations, they are showing few, if any, signs that they’re declaring independence from the takeout and delivery services that have surged in popularity during COVID-19’s social distancing. Need proof? Just look at the sums that...
To let merchants send out delivery drivers for orders made on their websites, Square unveiled availability of its On-Demand Delivery for Square Online Store offering in an announcement on Wednesday (June 24). A delivery worker from the eatery’s delivery partner is sent to its location to...
Online grocery sales rose to a record $6.6 billion last month, up 65 percent from March, propelled by high demand from pandemic lockdowns, according to research firm Brick Meets Click. Rather than donning masks and following social distancing rules, shoppers have turned to grocery delivery...
Seattle’s City Council is debating a bill to force eCommerce ordering and transportation platforms like Instacart and Uber to give drivers at least $5 “premium pay” for each trip made during the pandemic and until as long as 2023. Now, Instacart is threatening to halt...
