Ghost kitchens have been a COVID-19 success story, and now one is set to go public, giving investors a chance to weigh in on the trend and its potential for future success.
Hybrid investment firm Florida Funders has made a second investment in OTHRSource, an Atlanta-based company that specializes in boosting brands’ sales through strategic merchandising opportunities, both in-store and online.
“On-the-way” delivery service Roadie saw growth exceed 4x in 2020 as retailers shifted to same-day delivery of online orders, and founder and CEO Marc Gorlin says there is no going back for the retail industry.
Instacart did an analysis of its platform’s users and found some surprises regarding how many people and who exactly was shopping for groceries online in 2020.
Singapore-based ride-hailing company Grab is expected to go public via a SPAC with a fund from Altimeter Growth, according to a report.
BLAZE has experienced rapid growth from the introduction of BLAZEPAY, facilitating over $1 billion in annualized gross merchandise value.
The city of Aspen has been running a parking reservation pilot program with Coord that enables commercial delivery fleets to secure parking spaces for their vehicles.
PayPal announced it will allow consumers to make online payments with cryptocurrencies through its Checkout with Crypto offering.
XGen has launched a platform that connects to e-commerce sites, providing shoppers with a more personalized experience with relevant recommendations and other interactions.
With a 148% increase in e-commerce returns in 2020 over 2019, the need for online brands to better manage the customer experience is increasing, making end-to-end solutions a necessity.
Trent Broberg, the former COO of Truckstop.com, has been named CEO of ACERTUS, a technology-focused automotive logistics firm.
As COVID-19 restrictions eased across the county, the number of Americans ordering groceries online dropped in February, led by a decrease in the over-60 age bracket.
U.K. delivery company Deliveroo has set its IPO price range, giving the Amazon-backed company a nearly $12 billion valuation.
E-commerce and the increasing desire to conduct digital transactions are driving rapid change in the payments industry.
Instacart may wait until after the majority of Americans are vaccinated to go public so investors can better gauge the company’s growth potential, according to a report.
Census Bureau data showed a decline in February sales, but levels remain elevated from a year ago as new stimulus hits
The new rules approved by the NLRB could be overturned by the Biden administration but only after a formal rulemaking.
Micromobility company Helbiz will secure approximately $82.5 million when it is listed on the NASDAQ stock exchange through a SPAC deal expected to close in the second quarter.
Global payments technology provider Stripe has raised $600 million in a new funding round at a $95 billion valuation, making it the most expensive startup in the U.S.
Major retail brands are reaching consumers wherever they can these days, and that means more livestreamed special events with social media influencers.
