delivery News Updates

DoorDash said the Instacart brand name and app will remain, and Instacart shoppers can continue fulfilling orders for Instacart. 

The acquisition will help better position Uber against rival DoorDash, the leading food-delivery platform in the U.S. 

The growing availability of Costco on third-party delivery apps increases the competition for rival Instacart, which was one of Costco’s first third-party partners. 

Uber offered to pay $47.60 a share and will acquire Delivery Hero’s operations in 50 markets, the company said in a statement on July 16.

Uber has previously approached Delivery Hero with an offer of 33 euros per share, but investors have been betting that a higher price will be required to seal the deal.

The new tool — called Alexa for Shopping — supplants Rufus, the shopping assistant bot that summarized product reviews and suggested purchases.

Amazon Now, first launched in India last June, is now available in urban areas of Brazil, Mexico, Japan, the United Arab Emirates, the U.K. and the U.S.

DoorDash said demand for deliveries remained strong in the January-March period despite higher gas prices, with total orders rising 27% to 933 million.

The e-bike spinoff, called Also, has struck a partnership with DoorDash to work on autonomous deliveries.

DoorDash is offering extra compensation to U.S. and Canadian drivers as part of a temporary program to help offset rising gas prices.