Categories delivery

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Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation

Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Gifford, Third Point, Octahedron, GIC and SoftBank also participated in the new funding event. Previous backers include DST […]

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Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe

“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little as 10 or 15 minutes. But today a startup that’s built a much […]

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Delivery service Gopuff acquires rideOS for $115 million

On-demand goods, food and alcohol delivery service Gopuff has acquired fleet management platform rideOS for $115 million, sources familiar with the deal say. This acquisition comes just a few months after the Philadelphia-based startup announced a $1.15 billion funding round at a $8.9 billion valuation, up from $3.9 billion in […]

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Amazon to pay $61.7M to settle FTC complaint over stolen Amazon Flex driver tips

The U.S. Federal Trade Commission announced today that Amazon will be required to pay $61.7 million to settle charges that it withheld some customer tips from its Amazon Flex drivers over a two and half year period. According to the complaint against Amazon and its subsidiary Amazon Logistics, the company […]

Robomart launches its mobile convenience store in beta for West Hollywood residents

Nine months into the pandemic, one of the first states to institute a shut down is back at square one. Following a major spike in COVID-19 cases, California governor Gavin Newsom reinstituted major closures across the state, leaving many residents in search of new avenues to acquire essentials without leaving […]

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FloorFound is bringing online return and resale to direct to consumer furniture businesses

Over the next five years consumers will return an estimated 40 million to 50 million pieces of furniture that more than likely will end up in landfills, creating tons of unnecessary waste, according to Chris Richter, the founder of a new Austin-based furniture startup, FloorFound. To reduce that waste, and […]