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GoPuff is a delivery service that delivers various products, including groceries, snacks, and alcohol. It was founded in 2013 and is headquartered in Philadelphia, Pennsylvania.
We grew our headcount too fast and face severe economic headwinds, says CEO Will Shu Deliveroo, the online food delivery company, has announced plans to cut 350 jobs, about 9% of its workforce, in response to the current economic situation. The company’s CEO, Will Shu, acknowledged the company’s rapid headcount […]
Rapid delivery app Getir plans to cut 14% of its global workforce but has not provided details on which employees will be affected or when the layoffs will occur. This has left New York City store and delivery workers anxious and angry. The decision comes amid a challenging year for […]
Ultra-fast delivery startups are either folding up or leaving markets, exiting the scene as quickly as they arrived. Ultra-fast delivery startups face challenges as they try to grow amid a volatile market. Investors are increasingly prioritizing profits and becoming wary of investing in unprofitable companies, leading to a slowdown in […]
In the fast-paced world of instant delivery, Gopuff, once soaring, is now recalibrating its flight path amidst turbulent market conditions. Hitting the Brakes After rapid expansion, Gopuff is slowing down. Recent layoffs and a reduction in its U.S. warehouse fleet signal a shift. The company is navigating a colder investment […]
GoPuff is steering its ship with resilience and innovation in the explosive world of rapid grocery delivery startups. Despite facing logistical challenges, fierce competition, and towering operating costs, Gopuff is not just surviving; it’s evolving. Sailing into Scheduled Deliveries GoPuff has unfurled its sails with new features to navigate some […]
Rising costs, slowing growth, and investor scrutiny lead to layoffs at significant players. In recent years, ultra-fast delivery companies have been one of the fastest-growing sectors in the tech industry. But as the industry matures, it faces a perfect storm of challenges. Rising costs, slowing growth, and investor scrutiny lead […]
Dark stores are a new and innovative way to fulfill online orders. They are essentially warehouses used to store and pick products for delivery. Dark stores offer many benefits for retailers and consumers, including faster delivery times, a more comprehensive selection of products, and lower costs. If you are considering […]
According to TechCrunch, instant grocery delivery company JOKR has raised approximately $50 million in a Series C investment on a $1.3 billion post-money valuation. The funding, which G Squared led with participation from GGV Capital, Tiger Global Management, and HV Capital, was buoyed by existing investors. JOKR has raised $480 […]
Home shopping partnership comes despite the demand for fast delivery services slowing amid the cost of living crisis. Sainsbury’s has signed a deal with Just Eat to offer rapid grocery delivery from 175 stores. Outlets in London, Edinburgh, and Bristol will provide the service from the end of February, offering […]
It appears that Getir, a Turkish company, has acquired Gorillas, a German company, in a deal that values Getir at around $8.8 billion. Both Getir and Gorillas are quick commerce companies operating in the space of on-demand delivery of groceries and other goods. According to the information provided, Getir is […]