A look at the fight between six rapid grocery delivery startups in NYC, which raised $5.5B+ since 2020; sources: some are averaging a loss of $20+ per order
Jokr, Getir and Buyk are piling on freebies to build up a customer base in New York City — Since Hayoung Park moved to Manhattan last year … Tweets: @lpolgreen , @fka_tabs , @preetika_rana , @bmorri...
How Tobi Lütke led Shopify to becoming an e-commerce giant, helping ~2M merchants run stores as its market cap rose from $46B in early 2020 to $174B today
Tobi Lütke transformed the Canadian upstart into an e-commerce giant by being the anti-Bezos. How long can the formula keep working? Tweets: @bradstone , @jensmithwsj , @tariqkrim , @jensmithwsj , @r...
Bezos' biggest legacy could be “Bezosism”, using surveillance, algorithms, and data to supercharge old management systems and squeeze performance out of workers
Christopher Mims / Wall Street Journal : Tweets: @jensmithwsj , @mims , @mims , @jathansadowski , @greg_ip , @mims , @gregbensinger , @todd_yancey , and @hypervisible Tweets: Jennifer Smith / @jensmi...
Aurora partners with truck maker PACCAR to develop self-driving big rig trucks “in the next several years”, as it closes the deal for Uber's self-driving unit
Jennifer Smith / Wall Street Journal :
Jeff Wilke, Amazon's CEO of Worldwide Consumer, will retire from the company in 2021; senior VP of retail operations Dave Clark will succeed him
Earlier today, Jeff Wilke announced his retirement from Amazon after over two decades with the company. Sebastian Herrera / Wall Street Journal : Jeff Wilke, Early Amazon Executive and Lieutenant to J...
Platform Science, which provides fleet management telematics software for trucking companies, raises $42M Series B led by Prologis with Daimler participating
Jennifer Smith / Wall Street Journal : Tweets: @prologis and @truckersreport Tweets: @prologis : The era of connected trucks and freight is here. @Prologis Ventures is excited to partner with @Platfo...
Report: the White House is in talks with Intel and TSMC about building chip factories in the US to strengthen domestic supply chains
and we will experience far more of them this century. https://www.wsj.com/... Kate O'Keeffe / @kate_okeeffe : NEW: U.S. in talks to get Intel, TSMC & Samsung to build chip factories here. The coronavi...
Grocers offering online orders are testing automated micro-fulfillment systems that can fulfill 4000 orders per week while occupying little space
Jennifer Smith / Wall Street Journal :
Convoy, a digital freight marketplace that matches truckers with cargo shippers, raises $400M Series D at a $2.75B valuation
Jennifer Smith / Wall Street Journal :
JD.com announces a parcel delivery service in China to send items through its app or request pickups via WeChat, starting in Beijing, Shanghai, and Guangzhou
Jennifer Smith / Wall Street Journal :