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Grocery Round-Up: Instacart’s Big Valuation Jump, Kroger’s Ghost Kitchens And Grocery Deals Come To Prime Day

PYMNTS

While we’re proud of these milestones, we believe we have a lot more work to do to deliver for all the communities we serve.”. Kroger this week announced a move into the world of prepared food via a newly announced partnership with Indianapolis-based ClusterTruck , a start-up specializing in delivery-only restaurants.

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Gaming Platforms Betting On ‘The Metaverse’ As Next Internet

PYMNTS

Similarly, industry and society are moving on to new experiences in futuristic online “worlds” with functioning economies where real-world and virtual events commingle in an evolution of social media-style community offering safety from COVID and, increasingly, commerce. Murmurs From The Metaverse. million viewers.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Apparently that will get you in trouble on the Street. In 2019, we increased GPU by $750.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

” via Indianapolis Business Journal. Steering the ship — handling all of the engineering, manufacturing, marketing, and retailing, even when you’re taking 90 percent of the subsequent profits — was ultimately too expensive of a proposition, especially in comparison to other, less-handholding-oriented start-ups. via MDDI Online.

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