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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

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Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community. More global markets planned for this month.

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Petco’s $864 Million IPO Beats Forecasts 

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The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.

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Taking The Chaos Out Of Lunch With B2B Delivery

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Its national restaurant partners include TGI Fridays, Smashburger, Noodles World Kitchen, Famous Dave’s, Schlotzky’s and McAlister’s Deli. It’s essentially consumer food delivery with a B2B base, which CEO Ben Cattoor noted was an delivery innovation that was lacking in the market. in San Diego.

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Zillow Expands Zillow Offers To LA, Orange County

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9), its second-largest housing market in the nation, GeekWire reported. San Diego and the Inland Empire areas already had Zillow Offers, and the company’s LA expansion covers much of Southern California. Zillow Offers launched in Los Angeles and Orange County on Monday (Dec.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

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” It has applied as common stock on the Nasdaq Global Select Market. According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C. Investments in One Medical were led by the Carlyle Group, which owns 26.8

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Jack In The Box And DoorDash Expand Delivery Partnership

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Following a successful test run in San Francisco, Jack in the Box and DoorDash are now offering delivery options to 229 major cities across the U.S., including Los Angeles, San Diego, Seattle and Las Vegas, among a number of others. DoorDash also has similar delivery partnerships in parts of the U.S.

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Retail Rents Falling From Manhattan To Los Angeles

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Meanwhile, the National Restaurant Association estimates that more than 100,000 eateries have either closed permanently or at least long term due to the pandemic. That’s one out of every six. Nationwide, Moody’s Analytics estimated that effective retail rents would fall 11.1