OnTrend Concepts
Grocery Delivery Digest

March 30, 2021

Peter Cook, Publisher

The results from three funding rounds for major international grocery delivery companies were announced this week. The Turkish startup Getir has been disrupting markets in the Middle East, North Africa, Turkey and Pakistan. Meanwhile, in Europe, Gorillas is taking names as it becomes one of the fastest growing startups in Europe. And finally, in the U.S.A., goPuff is growing a ton, delivering everything from snacks to household items.

As the weather warms up, we hope you’re taking time to enjoy the good things in life. Hopefully your Grocery Delivery Digest is one of those things. Enjoy the news!

Issue #49

SoftBank-Backed Delivery Start-Up goPuff Valued at $8.9 Billion in New Funding Round

Digital convenience store goPuff announced Tuesday that it raised $1.15 billion at a $8.9 billion valuation, which is more than double its previous valuation.

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Gorillas Raises $290M and ‘Surpasses’ $1B Valuation

Gorillas, the Berlin-HQ’d startup that promises to let you order groceries and other “every day” items for delivery in as little as 10 minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion.

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Turkish Ultrafast Grocery Delivery App Now Valued at $2.6 Billion with $300 Million in Fresh Funds

Istanbul-headquartered ultrafast grocery delivery startup Getir has become a unicorn, tripling its valuation to $2.6 billion in less than two months with a $300 million Series C that’s co-led by Sequoia Capital and returning investor Tiger Global.

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Amazon Was Supposed To Kill Instacart. Instead Instacart Became a Mini-Amazon

Many tech startups model themselves on Amazon's approach to business; few actually try to reverse engineer Amazon and compete with it. But that's part of Instacart's DNA.

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Uber Must Give Up Business Unit’s Data Scraping Info on Instacart

Uber Technologies. Inc. must hand over documents related to the data-scraping practices of a Chilean grocery delivery startup it agreed to acquire in 2019, a California federal judge ruled.

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Freshly To Roll Out Limited-Edition, Chef-Made Meals

Freshly is adding to its prepared meals selection with limited-edition offerings from four chefs, the company announced on Monday.

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Nunbelievable Partners with goPuff, Cookies Now Available to Customers in Minutes

Nunbelievable, the "mission-based, better-for-you" baked goods company, announces a partnership with goPuff, the go-to platform for consumers' everyday needs, to deliver artisanal cookies made with natural, non-GMO ingredients to customers.

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Weee! Raises $315M to Expand Ethnic Grocery Delivery Network

Online ethnic grocery delivery platform Weee! announced it has raised $315 million in a Series D round led by DST Global, with participation from Tiger Global Management, Blackstone Group and Arena Holdings.

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Farmstead's Approach To Cracking the Grocery Delivery Profitability Challenge Is Worth Watching

Farmstead, the delivery-only food retailer from the Bay area, is currently expanding into the Carolinas and plans to be live in 15 markets by the end of 2021, putting it in position to serve about three-quarters of the US population.

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Ahold Delhaize USA Eyes the ‘Connected Customer,’ CEO Kevin Holt Says

Becoming a successful omnichannel grocery retailer goes well beyond enabling customers to order online and have their purchases available for pickup or delivery, according to Kevin Holt, CEO of Ahold Delhaize USA.

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Free Grocery Delivery Service Offered to Boulder Community

Some people in the Boulder community may have anxiety about walking into a supermarket to shop for their own groceries right now – the Boulder Grocery Project wants to help alleviate some of those fears by offering free grocery deliveries to the community.

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Daily Table Announces Free Grocery Delivery to Customers

Daily Table, a nonprofit grocery store with three locations in Roxbury, Dorchester and Cambridge, announced it will offer free grocery delivery to customers within a 2-mile radius of each of its stores.

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Turn Your Retail Space into Distribution Space

Done right, the conversion can enable small and medium sized companies to compete with the big players and take advantage of the opportunities presented by digital retail.

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Old Golf Courses and Office Buildings Are Turning into Retail Warehouses as Demand for Industrial Space Keeps Climbing

The pace of e-commerce growth will likely slow in 2021, as people feel comfortable shopping at stores again, but real estate executives say industrial space will remain a hot market.

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Delivery 2.0: How On-Demand Meal Services Will Become Something Far Bigger

The economics of delivery aren’t easy. But these companies have the potential to create a new boom in restaurant entrepreneurship—and go way beyond food.

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UK Start Up Fastbag Embarks on Regional Roll Out of On-Demand Grocery Shopping

UK start up Fastbag, a new player in the on-demand grocery delivery market has just launched in Maidenhead, Berkshire. Fastbag offers fully tracked, on-demand, super-fast grocery deliveries where customers can order branded items at supermarket prices through its easy-to-use dedicated app.

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