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Uber launched a new feature on Friday that lets customers return purchased items without leaving their home. The new returns feature, which is accessed through the Uber Eats app, is the latest effort by Uber to add “stickiness” to its app by offering services that extend beyond its core ride-hailing and delivery businesses. There are…
Instacart has acquired Colombia-based grocery tech firm Instaleap, the company announced on Tuesday. The financial terms of the deal were not disclosed. Founded in 2019, Instaleap is a global fulfillment solutions platform that helps retailers streamline and scale their online operations. The company has clients across nearly 30 countries in Latin America, Europe, and the…
An Amazon employee at the Troutdale, Oregon warehouse passed away at work last week, a company spokesperson confirmed to TechCrunch. According to a report from the Western Edge, an independent investigative outlet covering the Pacific Northwest, the worker collapsed on the floor at the PDX9 warehouse and lay dead as employees continued to work around…
India’s quick commerce market is booming, with demand more than doubling for some players. But the fast-delivery push by Flipkart and Amazon is raising the stakes in an already crowded space where profitability remains under pressure. Flipkart, one of India’s largest e-commerce players entered quick commerce later than local rivals such as Blinkit, Swiggy, and…
The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network. The policy has the potential to inflict significant new costs on the untold merchants that rely on…
Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and Bain Capital Ventures, also saw participation from Accel, Stride Ventures, and Alteria Capital. It values…
DoorDash announced on Thursday that it’s launching a new, standalone “Tasks” app that will allow the company to pay its delivery couriers to complete assignments aimed at improving AI and robotic systems. Delivery couriers will be able to earn money by completing activities like filming everyday tasks or recording themselves speaking in another language, DoorDash…
Amazon is launching one-hour and three-hour delivery options across many cities in the U.S. as the e-commerce giant looks to compete with instant delivery companies like Instacart, DoorDash and Uber Eats. The e-commerce giant is making more than 90,000 items available via this new delivery system. If an item can be delivered to a user…
Uzbekistan fintech Uzum has reached a $2.3 billion valuation — about 53% higher than just seven months ago — as investors place growing bets on the country’s emerging digital economy. The valuation stems from a $131.5 million investment led by sovereign wealth funds from Oman, with participation from existing investors including Tencent, VR Capital, and…
Indian e-commerce giant Flipkart has moved its headquarters back to India from Singapore as it prepares for a potential IPO in the coming months. The relocation comes more than a decade after Flipkart moved its headquarters overseas. The company is targeting a stock market debut in India in the financial year ending March 2027, people…