Why Instacart’s $2 Billion Valuation Doesn’t Spell Bubble
No story has rekindled concerns about valuations like the ascent of Instacart, a local logistics firm whose recently raised $220 million at a $2 billion dollar valuation. We caught up with Instacart’s Nilam Ganenthiran to talk about how a delivery network could reshape the competitive landscape of local grocery markets…
Street Fight Daily: Uber’s Delivery Service, Square Expands Cash Advances
A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… With New Delivery Service, Uber Declares War on Google and Amazon (Wired)… Square Expands Its Cash Advance Service (New York Times)… Google Tests A New Local Knowledge Graph Interface (SearchEngineLand)…
Street Fight Daily: Patch To Close Sites, GateHouse Files For Chapter 11
A roundup of today’s big stories in hyperlocal content, commerce, and technology… Memo: ‘Regretfully, A Number of Patches Will Have To Be Closed (Romenesko)… GateHouse Files for Chapter 11 Bankruptcy Protection (Wall Street Journal)… The NSA Refuses To Deny That It Collected The Location Data Of U.S. Phone Calls (TechCrunch)…
Street Fight Daily: Tribune To Split Publishing, Google Improves Maps
A roundup of today’s big stories in hyperlocal content, commerce, and technology… Tribune to Split Publishing, Broadcast Businesses (Wall Street Journal)… A Better Google Maps App for Apple and Android Devices (New York Times)… Instacart: Crowdsourcing Your Grocery Shopping (Businessweek)…
Same-Day Delivery: The Linchpin in the Battle for the Last Mile of Commerce
Consumers are more impatient and time-starved than ever. At least that’s the impression one could derive from the seemingly unending string of same-day delivery announcements from major retailers, restaurants, convenience-store chains, startup enablers, and technology companies. The driving force behind their renewed focus on ever-shorter delivery windows: conquering the elusive last mile of commerce.