PYMNTS-MonitorEdge-May-2024

goPuff

Gopuff Demand Apparently Not as Quick as Its Cash Burn
Gopuff Demand Apparently Not as Quick as Its Cash Burn
March 10, 2023  |  Delivery

As economic pressures rack the on-demand delivery industry, Gopuff has undergone another round of layoffs. The convenience retail delivery service cut around 2% of its...

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Delivery Startup Gopuff Cuts Hundreds of Jobs
Delivery Startup Gopuff Cuts Hundreds of Jobs
October 19, 2022  |  Delivery

Philadelphia, Pennsylvania-based delivery startup Gopuff has cut hundreds of workers as part of an earlier round of layoffs over the summer. Bloomberg News reported on...

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Grubhub Sees Traction From Partnerships as Parent Swings to Profitability
Grubhub Sees Traction From Partnerships as Parent Swings to Profitability
October 19, 2022  |  Partnerships

Restaurant aggregator Grubhub, the third-most popular in the United States, is looking to gain on its competitors by leveraging partnerships with major companies, and so...

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Inflation Slows Ultrafast Grocers’ Ambitions
Inflation Slows Ultrafast Grocers’ Ambitions
October 17, 2022  |  Economy

Those who have been skeptical of the hype around ultrafast grocery all along have been vindicated, at least in part, as players in the space...

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Today in the Connected Economy: Grubhub Expands Offerings With Gopuff
Today in the Connected Economy: Grubhub Expands Offerings With Gopuff
October 04, 2022  |  Connected Economy

Today in the connected economy, delivery company Grubhub forms a partnership with Gopuff, allowing it to offer more products and giving Gopuff a larger audience....

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Grubhub Marketplace to Offer Gopuff Locations, Delivery
Grubhub Marketplace to Offer Gopuff Locations, Delivery
October 04, 2022  |  Delivery

Restaurant food delivery company Grubhub and food and home essentials delivery firm Gopuff have launched a pilot program in which some Gopuff locations are now...

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Businesses Abandon Mainland Europe to Focus on Post-Brexit Britain
Businesses Abandon Mainland Europe to Focus on Post-Brexit Britain
September 11, 2022  |  emea

In the run-up to the 2016 Brexit referendum, one of the key arguments used by the “Leave” campaign was that freedom from the influence of...

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Report: Gopuff Seeking $300M Credit Line Following Stalled IPO
Report: Gopuff Seeking $300M Credit Line Following Stalled IPO
August 30, 2022  |  Delivery

Delivery company Gopuff is said to be looking to secure as much as a $300 million line of credit to be used as a cash...

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Today in the Connected Economy: Consumer Spending up, JCPenney’s Makeover
Today in the Connected Economy: Consumer Spending up, JCPenney’s Makeover
August 04, 2022  |  Connected Economy

Today in the connected economy, higher prices and growing demand lead to an increase in consumer spending in July. Also, JCPenney reinvents itself as a...

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