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On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. We have also enjoyed giving back to our community through meal donations, volunteer service, and so much more.”. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable.

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eCommerce Grocer Weee Notches Almost $50M In Funding

PYMNTS

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. Weee, which was started in 2015, began as a community buying platform that received Asian spices and fresh produce, among other items. It has over 5 million registered users.

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11 Startups Show Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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Amazon, Walmart And Target Woo All Channel Consumers With Delivery, New Payment Options

PYMNTS

At the time, the retailer said it would leverage its stores and Shipt’s proprietary technology platform and community of shoppers to bring same-day delivery to Target customers around the country. But not all retailers are moving as fast as Target. In fact, retailers, overall, only saw a 37.9 Almost 10 percent — or 9.9

eBook 100
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Get the full report. How Stripe makes money .

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Swedish Company Wheelys Is Rolling Out Moby Mobile Grocery Mart

PYMNTS

Moby Marts could be available to communities like this for little more than the price of a new car. 30,000 plus logistics support costs could give a fresh breath of life to small communities like the one where Mazetti grew up. . For Amazon’s part, it’s continually finding new ways to capitalize on people’s hatred of running errands.

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An App A Day Keeps Grocery Shoppers Coming Their Way

PYMNTS

Hunger and wasted food are two problems that can have one solution,” believes Daily Table founder Doug Rauch, former Trader Joe’s president and co-CEO of Conscious Capitalism, Inc. Further north in Seattle, two AmazonFresh Pickup locations have finally opened for business after months of anticipation. Finally, Campbell Soup Co.