October 19, 2023
Digital Freight Startup Convoy Closes Down
Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors, has announced that it was...
October 19, 2023
Will the U.S. Draft Merger Guidelines Influence Merger Control in...
By Helen Kean Redpath & Phil Alves1 I. Introduction The new draft merger guidelines (“DMGs”) are proposing major changes to merger policy in the United States and bringing underlying...
October 18, 2023
Digital Freight Startup Convoy Suspends Operations
Digital freight startup Convoy has announced the suspension of its operations and the winding down of its core business. The company, which was founded by former Amazon executives and which has attracted money...
October 18, 2023
Plaid Hires Former Expedia CFO Eric Hart Before IPO
FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup,...
October 18, 2023
Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as...
Healthcare payments are awash in paper, marked by inefficiencies, creaky legacy systems and manual processes. Waystar leverages a cloud-based platform to improve what it terms “the administrative headwinds faced by...
October 17, 2023
Flexport Sets 2025 Goal for Profitability, IPO
Supply chain logistics company Flexport is undergoing a restructuring process to regain profitability and reshape its business. Founder Ryan Petersen has set a long timetable for achieving profits, setting his sights the end of...
October 17, 2023
Report: Companies Rush to File IPOs Amid Looming Government Shutdown
The possibility of a U.S. government shutdown has prompted companies to take action and expedite their plans to go public. In an effort to avoid potential disruptions caused by a...
October 16, 2023
Instacart Gets Positive Analyst Reviews but Stock Stays Same
Instacart has reportedly garnered positive reviews from Wall Street analysts following its IPO. As Bloomberg News reported Monday (Oct. 16), the online grocery delivery firm — which went public with an initial public offering (IPO)...
October 13, 2023
Hy-Vee Automates Facilities as Grocers Rethink Direct Fulfillment
With some grocers scaling up their in-house fulfillment infrastructure and others pulling back, Hy-Vee is tapping automated warehouses to meet digital demand. Grocery fulfillment solutions provider Takeoff Technologies announced Thursday (Oct. 12)...