Gopuff, which was founded in 2013, has been quickly growing its operations across the country, operating over 275 micro-fulfillment centers in over 500 U.S. cities offering various convenience store and grocery products for delivery charges of $1.95.
In March, the company raised $1.15 billion in funding, doubling its valuation to $8.9 billion in five months. At the time, the company said it would use the investments to support geographic expansion, new product categories, hiring and to boost technology. With the large number of Gopuff Kitchen positions advertised, the money will also likely help get its ghost kitchen operations off the ground.
During this major growth period, Gopuff also purchased rideOS in June, a startup that develops routing, dispatch and fleet optimization technology for delivery and logistics. While the acquisition was seen widely as a play in the grocery space to expand its 30-minute delivery to reach more urban areas, the ability to cut delivery times could also position it well with restaurants. Among the top criticisms customers have of food delivery is that it often arrives lukewarm.
Source: Grocery Dive
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 