instant delivery

For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.

A lawsuit filed in 2019 alleged
that the workers were misclassified
as independent contractors.

Instacart delivers

New York City-based Jokr is the latest casualty of the ultrafast grocery downturn, pulling out of the U.S. market.

The instant delivery platform is scaling back its facility footprint as 15-minute delivery reaches an inflection point.

Turkish ultrafast delivery company Getir told employees in an internal memo this week that it would be laying off about 14% of its workforce.

Gorillas, a Berlin-based startup that delivers grocery, food and convenience items in 15 minutes or less, is laying off half of its employees.

The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.

Instant-delivery firm Jokr announced it has reached unicorn status following a $260 million Series B funding round and is adding Boston to its service area.

The e-commerce fulfillment company gets a nice raise to deliver on its promise of “instant commerce” in 20 minutes or less.

“Gopuff has quietly built a very strong business and solidified itself as the leading player, continuing to define this evolving category.”