Monthly archives: September, 2018

Delivery startup Postmates joins 1 bln dollar Unicorn Club

On-demand delivery startup Postmates raised $300 million in venture funding by Tiger Global to accelerate its growth. The deal values Postmates at approximately $1.2 billion. “We didn’t have plans to raise additional capital,” Postmates CEO Bastian Lehmann told Term Sheet. “Tiger Global approached us and said it’s time to put some more gas in this machine. So we …

US Brookings research: e-fulfilment is coming into our cities

Brookings is reporting about where will online orders get fulfilled? The changing local geography of e-commerce. Brookings: “As the brick-to-bits transition continues, it’s not enough to just count job and output changes. It’s equally important to know where e-commerce jobs are emerging, especially as it relates to more traditional retail locations”.

McKinsey outlook on future last-mile delivery ecosystems

McKinsey presents an updated outlook for the last-mile delivery ecosystem, given the rapid development in technology. How will technological advances affect unit economics, customers, and competitive dynamics? McKinsey sees examples of technology piloting and testing across the globe. But they also see the beginning of series productions and scaling of technology deployment by several companies.