Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use the new funding to build new technology offerings, expand its geographic reach and increase its delivery speed, Pandion said in...
More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air. In today’s digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search,...
Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. Grocery giant Albertsons Companies, Inc., which has more than 2,200 locations across 34 states, reported financial results for the quarter ended Dec. 2 on Tuesday (Jan. 9),...
As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency. The United Kingdom-based, multinational grocery technology company is soon to increase the number of robotic arms at its Luton facility...
April 19, 2024
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to lead its IPO and is also working with Citigroup, according […]
March 21, 2024
Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use the new funding to build...
November 21, 2023
Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in stores by the end of...
November 15, 2023
Mobile eCommerce platform Wish says it has launched an in-house Logistics-as-a-Service (LaaS) product. WishPost Smart Parcel is designed to offer a “seamless and efficient shipping solution to non-Wish merchants,” the company said...
