Didi, the largest ride-hailing company in China, is denying reports that it is considering taking the company private just one month after it debuted on the New York Stock Exchange.
Canter’s Deli is one of the most famous delicatessens in the world, but outside Los Angeles it was hard to get one of its famous sandwiches. DoorDash Kitchens Full Service is making that possible.
Cart.com’s end-to-end solution is now integrated with Sauceda’s fulfillment services.
Fillogic’s microdistribution hubs are helping to rescue struggling mall owners.
Less than six months after announcing a $43 million funding round, headless commerce platform Fabric has announced a $100 million Series B round.
JOKR, a 15-minute delivery platform that launched in New York last month and currently is in 10 cities globally, has raised $170 million in a Series A funding round.
Direct-to-consumer cannabis is slowly but surely making its way outside of California.
California’s largest vertically integrated cannabis company now serves 60% of the state’s households.
Mastercard and Verizon want to turn your smartphone into a cash register.
Walmart International bought a 77% stake in the India-based e-commerce shopping portal in 2018.
DeliverEnd and Perfit partner to provide a contactless e-commerce and delivery solution.
Talkshoplive and its embeddable player network received a huge boost with $6 million in funding.
Stripe and Thrive Market are both reportedly eyeing IPOs in two potential blockbuster listings in their segments.
Bringg and GoFor join forces to expand delivery capacity, coverage and customer satisfaction.
Direct-to-consumer alcoholic beverage service is on the rise.
OneRail announced its last-mile fulfillment platform is now integrated with and available from SAP’s Commerce Cloud network.
Headless commerce company Shogun has raised $67.5 million to scale its solution and speed the go-to-market process.
ShipBob has secured a $200 million Series E round, valuing the cloud-based logistics platform at over $1 billion.
Electric Last Mile Systems went public through a SPAC merger on Monday, with its stock initially jumping about 10% before sliding as the morning trading session wore on.
Sendle is known for offering e-commerce sellers flat-rate shipping options, and now it has an additional $35 million to accelerate expansion of its network.
Surefront has introduced an end-to-end product lifecycle management tool that connects all steps in the product development and go-to-market process in a single virtual environment.
ShipHero’s SaaS and e-comm 3PL businesses complement each other.
The parent company of Saks OFF 5TH, the discount designer retailer, will spin off its e-commerce business in a new entity with fresh funding from Insight Partners.
In the apparel world where trying on clothes is so vital to sales, the COVID-19 pandemic presented challenges. Iconic brand Levi used the pandemic to accelerate digitization in its supply chain, and it paid immediate dividends.
Uber will acquire the remaining 47% of on-demand grocer Cornershop that it doesn’t already own, the company said in an SEC filing.
Even as sellers expect higher sales on Amazon Prime Day, there are worries about getting inventory, finding places to store it and shipping it to the customer.
Gopuff users will now be delivered advertising through Skai, an ad platform for retailers.
GoFor has named Ian Gardner CEO. He takes over from company founder Brad Rollo, who is scaling back duties for health reasons.
Each day, 1.7 million packages are stolen off porches, yet businesses and consumers are not investing in theft-protection security.
Last-mile delivery and fulfillment platform Bringg announced a $100 million Series E funding round, reaching rarefied air as a unicorn company.
A majority of businesses plan to maintain online buying processes put in place during COVID-19 even after the pandemic subsides, according to an Amazon Business survey.
E-commerce management company Whitebox has released Omnifi, a single platform that connects e-commerce brands’ marketing, sales and logistics channels.
SaaS platform company Cleo, which specializes in the integration of B2B enterprise data and saw rapid growth in 2020 due to e-commerce, received a strategic investment from H.I.G. Capital.
Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.
E-commerce technology company Stackline announced a $130 million investment from TA Associates to fund additional technology development.
Rideshare drivers sometimes need a cash advance to cover short-term expenses, but traditional banks offer few options. COVERR hopes to bridge that gap.
Final-mile delivery technology company OneRail announced it has added more than 1 million drivers to its network, giving shippers access to more last-mile capacity.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
Circle, which offers cryptocurrency-based payments for internet transactions, raised $440 million and is eyeing a potential SPAC deal.
CtW Investment Group is asking DoorDash shareholders to vote against the reelection of co-founder Tony Xu to the board of directors, saying more oversight is needed.
E-commerce logistics company ShipBob is now able to fulfill two-day shipping for sellers using the Walmart Marketplace.
In an investment note this week, Mizuho Securities USA indicated it believes the Biden administration is more likely to issue guidance on gig worker classification rather than a formal rule.
Uber is reportedly close to a deal with GMB, a U.K.-based labor union, to provide representation for rideshare drivers as it works to comply with a recent U.K. Supreme Court decision saying drivers were entitled to minimum wage.
A survey from SOTI has found transportation and logistics companies trying to keep up with the e-commerce demand continue to face technology integration issues, costing them several days per month per employee in productivity.
As more brands roll out next-day and same-day grocery delivery, the long-term profitability of these programs depends on innovation that can drive down cost and increase flexibility.
Even as brands turn to more digital tools to engage with customers, many are finding success with a more traditional item — catalogs.
The California Air Resources Board has voted to require rideshare companies like Uber and Lyft to conduct 90% of all rides in electric vehicles by 2030.
Oklahoma has passed a law that would remove delivery services such as Amazon Flex drivers from compliance with state trucking regulations.
More manufacturers are looking into digital sales and marketing channels as their customers increasingly move online.
The Kansas City region, with its centralized location, is becoming a prime area for commercial warehouse space, with KC Smartport expecting 15 million square feet to become available in 2021.
Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.
AT&T and Sony have teamed up for a new shipping label that activates sensors to track and monitor packages as they travel throughout the supply chain.
Founders Camp, the Dynamo-powered event for founders and startup companies, will take place in November alongside FreightWaves’ F3: Future of Freight Festival in Chattanooga.
Today there are two types of manufacturers: old school and new school. Which one you are will help decide the future of your business.
Investors sent DoorDash stock soaring on Friday after the company reported stronger-than-expected earnings in Q1 and raised its guidance for full-year 2021.
DoorDash reported a 198% increase in Q1 revenue compared to Q1 2020, and a 219% increase in orders, although it still posted a negative 34-cent EPS.
PayPal is acquiring Happy Returns, a firm dedicated to improving the returns process for e-commerce orders.
ParcelLab’s platform takes in data on the ordered product but even includes weather and traffic updates to customize the delivery experience.
Startup Curri is trying to apply gig economy principles to the building and materials industries. Its founders answered Modern Shipper’s questions.
Ghost kitchen operator C3 is bringing its dining brands to brick-and-mortar locations with the launch of Citizens, a hybrid dining option offering in-person as well as pickup and delivery services.
Sonic+ believes its super app is the key to lowering food costs and waste by connecting consumers directly with wholesalers.
Vendoo’s technology allows resellers to list items on multiple marketplaces like eBay, The Real Real and Poshmark while streamlining the listing process.
Growing e-commerce sales of large and bulky items is creating a logistics headache for items that must be returned. It is why retailers need to have a reverse logistics process in place.
While many restaurants are getting into the ghost kitchen craze, a New York City company, WoodSpoon, believes the best meals come from a home kitchen.
An improving economy and a $170 million investment in Bitcoin drove payment provider Square’s revenue up 266% and profits up 79%.
While some organizations blasted the Biden administration’s decision to withdraw a rule on employee classification, executives from Lyft and Uber have struck measured tones.
Wayfair said its active customer base grew 57.1% in the past year, and those customers are ordering more items, leading to a nearly 50% increase in Q1 revenue.
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
Foodetective has raised $2 million in seed funding to help it expand its multichannel restaurant commerce platform to new markets, including the United States.
Lyft reported a narrower loss in its Q1 earnings as riders began returning to the platform.
Former PayPal executive John Lunn has returned to payments with Gr4vy, which has landed an $11.1 million Series A funding round.
Ware2Go, which offers shipping to merchants of all sizes with a specialization in e-commerce, will automatically purchase carbon offsets through Pachama for its customers.
Manufacturing’s traditional selling processes are broken. Our next chapter requires a savvy digital approach backed by a deep understanding of buyer expectations. In turn, this empowers manufacturers to focus on what they do best – building amazing products.
As more commerce moves online, some businesses are struggling with payment options, especially in cases where credit cards may not be accepted. That is giving rise to alternative payment processes.
Olsavsky says the one-day delivery service needs to get on top of burgeoning demand and warehouse space shortages.
Seattle-based Minnow Technologies has secured $3 million to fund production of its Pickup Pod, a contactless food delivery station.
In what is expected to be its final earnings report as a stand-alone company, Grubhub reported 52% growth in revenue, but said restaurant fee caps hurt its bottom line, resulting in a quarterly loss.
Payments provider Stripe is acquiring TaxJar and plans to incorporate its sales tax technology into its business platforms.
Shopify reported Q1 2021 earnings that nearly equaled Q4 2020 and accelerated 110% over Q1 2019, but it also said that the growth rate should slow throughout the remainder of the year.
DoorDash has faced criticism over its pricing as communities rallied in support of local restaurants. The company is now rolling out new pricing plans to address these concerns.
FlavorCloud has secured $6.3 million in funding to help expand its global presence as it works to build a seamless global e-commerce logistics network.
Woven Planet, a subsidiary of Toyota Motor Corp., has agreed to acquire the self-driving vehicle business Level 5 from Lyft.
As more shoppers turn to e-commerce, cybercriminals are taking advantage of lax security measures to target online fraud.
Even as customers returned to its dining rooms in the first quarter, Chipotle said its digital sales accelerated more than 130%.
Florida Gov. Ron DeSantis has signed an internet sales tax bill, requiring e-commerce sellers to collect a 6% sales tax on any sale to a Florida resident.
AfterShip, an e-commerce tracking and post-purchase solutions company, has secured a $66 million Series B investment round, bringing its total funding to $69 million.
Affirm Holdings, which specializes in “buy now, pay later” solutions, has acquired leading e-commerce returns provider Returnly.
E-commerce fulfillment company ShipBob has partnered with data-driven carbon marketplace Pachama to offer brands a carbon-neutral shipping option.
Uber Eats announced it will enter the German market as it looks to take on food delivery service Just Eat Takeaway.com across Europe.
PayPal has enabled the ability for customers on Venmo to buy and sell cryptocurrencies within the app.
Two Democratic senators have introduced a bill that would offer gig workers a $250 unemployment benefit as part of an overhaul of unemployment insurance.
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.
