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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

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Drizly To Test Online Orders, Store Pickup

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Drizly, the alcohol delivery platform startup, is testing the ability for customers to buy online and pick up their spirits in a store. Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists.

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Are Online Resale Sites Rife With Counterfeits?

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Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

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Chatbots Bringing On Business Operations Revolution?

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car insurance comparison tool that’s now being made available via Facebook Messenger. She said, “Our Facebook Messenger virtual agent experience is faster than any website or mobile app and easier to use than any online form. Through its $4.6 First up on the company’s growth plan is its U.S.

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European Union Regulators Eye Antitrust Rules For eCommerce

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Online sales in such countries as Spain, an EU member, are expected to grow by 20 percent , according to eMarketer. The need for an update in these regulations is particularly “due to the growth of online sales and of new market players, such as online platforms,” said the commission. billion ($2.6

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Google Goes Global With Free Retail Ad Initiative

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In the post, titled “Powering economic recovery through retail,” Google is pitching the offer as a way to help small retailers follow their customers online as the coronavirus pandemic reshapes the global shopping landscape. Overall, searches that contain the phrase “available near me” have doubled during the pandemic.

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CoverHound Raises $58M For Expansion Of Insurance Platform

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CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.