Results for: Grocery Delivery

DoorDash stock surged on Wednesday after KeyBanc analyst Justin Patterson upgraded the stock to Overweight, citing the company’s strong market share gains, emerging revenue streams, and robust growth prospects. Patterson’s upgraded forecast is based on his recent survey data, which shows DoorDash distancing itself from competitors in food delivery and making significant inroads into the grocery market. The analyst also anticipates DoorDash’s core and emerging verticals to fuel strong GOV and EBITDA growth in the coming years.

Sainsbury’s customers in the UK experienced disruptions to their online grocery delivery service on Monday morning due to technical issues. The outage, which began around 6am, affected order tracking and deliveries, leaving customers frustrated and seeking answers. Sainsbury’s acknowledged the issue and apologized for the inconvenience, stating that they had contacted affected customers directly. Downdetector reported a surge in reports of problems with order tracking and website issues, with a 82% increase in problem reports compared to usual. The supermarket advised customers to place new orders for a future date while they worked to resolve the situation.

Swiggy, the Bengaluru-based food and grocery delivery giant, has received the green light from its shareholders to pursue an initial public offering (IPO) that could raise up to $1.25 billion. The company plans to issue fresh equity shares worth up to $450 million and sell existing shares worth up to $800 million in the IPO. Swiggy is reportedly in talks with anchor investors for a pre-IPO round that could bring in an additional $90 million. The company has yet to file its IPO prospectus with the Securities and Exchange Board of India.

Vallarta Supermarkets has teamed up with DoorDash, allowing customers to order groceries and have them delivered to their homes via the DoorDash app. The partnership includes the delivery of fresh meat cuts from the carniceria, as well as traditional cultural items such as tamales and pozole. To celebrate the collaboration, customers can receive a 20% discount on eligible orders of $35 or more using the promo code ‘Vallarta20’ until May 7th.

Amazon has launched a new grocery delivery subscription benefit that is available to Prime members and customers using EBT. The subscription costs $9.99 per month for Prime members and $4.99 per month for customers with an EBT card. The subscription includes unlimited grocery delivery on orders over $35 from Amazon Fresh, Whole Foods Market, and other local grocery and specialty retailers on Amazon.com. The service also includes one-hour delivery windows at no extra cost and unlimited 30-minute pickup on orders of any size. The subscription service is aimed at streamlining grocery shopping and offering savings on delivery fees for customers who regularly order groceries from Amazon. The service has garnered high satisfaction rates among users in select cities where it was piloted.

Amazon’s new grocery delivery program offers unlimited deliveries for Prime members and SNAP recipients. The service, which costs $10 per month for Prime members and $4.99 per month for SNAP recipients, includes deliveries from Whole Foods, Amazon Fresh, and local grocery retailers. The program is available nationwide after a successful pilot program in several cities.

Amazon is introducing a cost-effective grocery delivery membership to retain its competitive edge. Priced at $9.99 per month for Prime members and $4.99 for EBT card holders, the service provides unlimited delivery on orders above $35 from Amazon Fresh, Whole Foods, and other local grocery stores. Additionally, Amazon offers one-hour delivery at no extra charge and unlimited 30-minute pickup for orders of any size.

Amazon Prime members can now enjoy unlimited grocery delivery from a wide range of retailers, including Amazon Fresh, Whole Foods Market, and Rite Aid. The service costs $9.99 per month for standard Prime members, and $4.99 per month for low-income residents who receive government food assistance through SNAP. Amazon is offering one-hour delivery windows and unlimited 30-minute pickup orders of any size.

Shares of Maplebear (CART), known as Instacart, experienced a significant decline on Tuesday due to Amazon’s announcement of a comparable grocery delivery service for Prime members. Amazon’s subscription plan offers unlimited delivery in over 3,500 locations across the U.S. for orders exceeding $35 from Whole Foods, Amazon Fresh, and various local retailers. Instacart+ membership currently stands at $9.99 per month or $99 per year, providing unlimited free delivery on orders of $35 or more. Amazon’s competitive pricing and additional perks, such as free one-hour delivery windows and priority access to Recurring Reservations, have raised concerns among Instacart investors.

In a bid to expand its fresh-food business, Amazon has introduced a low-cost grocery delivery subscription plan in the U.S. The plan, available to Prime members and EBT cardholders, offers unlimited grocery delivery with no extra cost for one-hour delivery windows, unlimited 30-minute pickup on orders of any size, and priority access to Recurring Reservations for a weekly grocery order. Non-Prime members with registered EBT cards can access the same benefits at a discounted subscription fee of $4.99 per month. The move comes after a successful pilot program in several cities late last year, as Amazon looks to compete with similar paid membership programs offered by Walmart and Target.