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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

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Uber Co-Founder Kalanick Prepares Global Network Of Food Delivery Kitchens

PYMNTS

The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, GrubHub and Deliveroo. The report noted that CloudKitchen recruiters have been reaching out to people in London that have operations experience. According to a report in The Financial Times, the new venture is called CloudKitchens.

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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. million in fresh capital, a funding round that comes after one in May that brought it about $7.9

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Supply Chain Startup Zilingo Makes US Push

PYMNTS

To roll out operations in the United States as it grows its supply chain business that links apparel brands with suppliers as well as factories, Singapore-based fashion technology firm Zilingo is designing a $100 million push. The garment trade has relied on supply chain managers and sourcing agents for a long time.

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Using Airbnb’s Playbook To Give Corporate Housing A Digital Makeover

PYMNTS

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

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POS Company Appetize Raises $20 Million, Plans To Grow Its Team

PYMNTS

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize provides fixed POS for iOS and Android, self-serve kiosks, handheld POS, online and mobile ordering, robust back-end inventory and reporting management tools.

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Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions.

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