Yesterday, the Gig Workers Collective — representing a body of about 13,000 Instacart shoppers — launched a #DeleteInstacart campaign, urging customers to delete the Instacart app as a show of solidarity with workers advocating for better treatment. The collective of shoppers asked that customers refrain from reinstalling the app until five demands are met. They […]
Former Instacart CFO Sagar Sanghvi joins Accel as its newest partner
Instacart‘s chief financial officer Sagar Sanghvi has departed from the on-demand grocery delivery company after nearly six years and is returning to his investing roots. Specifically, Sanghvi has joined Accel as a partner focused on global growth-stage consumer and enterprise investments. Prior to becoming CFO of Instacart, Sanghvi served as the company’s vice president of […]
Why bringing you emergency toothpaste could be big business
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down to a single topic. This time ’round we took a look into the world of on-demand delivery in Europe, with a special focus on the so-called “instant” grocery sector […]
GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]
Equity Monday: Women’s employment drops, as Delta’s drama continues
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff to catch up on weekend news and prep for the days ahead. We’re here on Tuesday this week since us folks in the United States had off for Labor Day. You […]
Massachussetts AG greenlights Uber, Lyft-backed gig worker ballot initiative
Massachusetts Attorney General Maura Healey gave a coalition of app-based service providers like Uber and Lyft the go-ahead to start collecting signatures needed to put a proposed ballot measure before voters that would define drivers as independent contractors rather than employees. Backers of the initiative, which is essentially a MA version of Proposition 22, would […]
Point Pickup acquires e-commerce platform GrocerKey for $42M to allow for same-day delivery
The acquisition of GrocerKey, which brings on board the company’s front-end consumer-facing sales engine and predictive analytics, puts the data and brand recognition back in the retailer’s hands.
Shipt’s new feature pairs members with their favorite, 5-star shoppers
Target’s same-day delivery service Shipt is launching a new feature that will pair customers with their favorite shoppers on future orders. This “Preferred Shoppers” feature will be available as a membership-only perk at no extra charge, offering customers what Shipt believes will be a more reliable shopping experience, where more of members’ orders are directed […]
Sequoia, Jay-Z, Will Smith back Landis’ $165M debt, equity round toward making homeownership accessible to everyone
Homeownership is one of the key components to building intergenerational wealth, and Landis is working to make that a reality for renters.