Rapid-grocery delivery startup Getir has acquired rival Gorillas in a transaction reportedly valued at $1.2 billion. Serkan Borancili, who co-founded Getir in 2015, shared the price tag on Twitter and said the combined company was now stronger. The deal price is...
Reports that Gopuff delayed its IPO and laid off more employees are the latest mile markers as the instant delivery category experiences significant challenges over the last year. The company didn’t respond to a request for details, but various stories suggest the...
In what could be a sign of things to come in other parts of the world, France is reportedly taking steps to restrict where so-called “dark stores” can locate within cities. Alternatively called micro-fulfillment centers, these locations enable delivery providers to...
As ultra-fast grocery delivery scales beyond New York, Chicago and San Francisco, Buyk CEO James Walker hopes this new speed and convenience persuades American shoppers to live like Europeans who typically buy smaller quantities at a time and focus on fresh...
The grocery segment is grappling with the same profitability concerns as the restaurant space as delivery continues grabbing a larger share of the pie. Consulting firm McKinsey explored the challenges and opportunities in a new report on the grocery industry, making a...
