PYMNTS-MonitorEdge-May-2024

grocery delivery

Instacart Acquires Pricing and Promotions Platform Eversight 
Instacart Acquires Pricing and Promotions Platform Eversight 
September 01, 2022  |  Acquisitions

Grocery delivery platform Instacart has acquired Eversight, a pricing and promotions platform for consumer packaged goods (CPG) brands and retailers. According to a Thursday (Sept....

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Today in the Connected Economy: Amazon Invests $4B to Expand Healthcare
Today in the Connected Economy: Amazon Invests $4B to Expand Healthcare
July 21, 2022  |  Connected Economy

Today in the connected economy, Amazon acquires primary care provider One Medical in an effort to expand its healthcare offerings. Meanwhile, Uber announces an expansion...

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Instacart Investor Slashes Grocery Deliverer’s Valuation to $14.7B
Instacart Investor Slashes Grocery Deliverer’s Valuation to $14.7B
July 18, 2022  |  Delivery

Capital Group, an Instacart investor, has slashed the delivery firm’s valuation back to $14.7 billion, a big drop from Instacart’s own calculation of $24 billion,...

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Deliveroo Debuts eCommerce, Ad Platform in UK
Deliveroo Debuts eCommerce, Ad Platform in UK
June 29, 2022  |  Delivery

Deliveroo will be adding more specific advertising opportunities for brands, with a new program called Deliveroo Media and Ecommerce, a company press release said Wednesday...

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Startup Jokr Ceases Fast Delivery in US to Focus on LatAm
Startup Jokr Ceases Fast Delivery in US to Focus on LatAm
June 15, 2022  |  Delivery

Jokr, a young rapid-delivery company that calls itself “the future of supermarkets,” is ceasing operations in New York and Boston and refocusing on the Latin...

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Food Rocket Snags $25M for Grocery Delivery Expansion
Food Rocket Snags $25M for Grocery Delivery Expansion
April 26, 2022  |  Investments

Food Rocket, the San Francisco company that promises grocery delivery in the Bay Area within 15 minutes, has secured $25 million in Series A funding...

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BNPL Service LazyPay Partners With Quick-Delivery Grocery Platform Zepto
BNPL Service LazyPay Partners With Quick-Delivery Grocery Platform Zepto
April 12, 2022  |  BNPL

BNPL solution LazyPay, which is offered by PayU Finance, has announced an extension of its service into the quick-commerce market as it partners with Zepto,...

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After Pandemic Success, Instacart Faces Struggle in Grocery Delivery Sector
After Pandemic Success, Instacart Faces Struggle in Grocery Delivery Sector
April 06, 2022  |  Delivery

Instacart, after being involved in the mass eCommerce drive of the pandemic, is considering how to move forward, The Wall Street Journal reported Tuesday (April...

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Instacart CEO Plans to Build Company, Not IPO
Instacart CEO Plans to Build Company, Not IPO
March 28, 2022  |  Delivery

Instacart isn’t rushing to go public right now, according to CEO Fidji Simo, Bloomberg wrote. Simo, speaking at a conference on Monday (March 28), said...

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