Y Combinator is changing up the way it invests

To keep up with the growing sizes of early-stage funding rounds, Y Combinator announced this morning that it will increase the size of its investments to $150,000 for 7 percent equity starting with its winter 2019 batch. Based in Mountain View, Calif., YC funds and mentors hundreds of startups per year through its 12-week program that […]

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Waitrose switches up a gear to launch two-hour grocery deliveries in London

Up market UK supermarket chain Waitrose will start trialing two-hour or same day delivery options in certain London postcodes from tomorrow. It’s partnering with CitySprint Group courier delivery spin-out On the Dot for the deliveries which will be made by electric and hydrogen vans and push bikes and cargo bikes (billed as a zero-emission fleet). The […]

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Instacart expands ALDI partnership

After pilot programs in Atlanta, Dallas, Los Angeles and Chicago were “overwhelmingly positive,” per Instacart CEO Apoorva Mehta’s statement, the grocery delivery service has decided to expand its partnership with U.S. grocer ALDI. As of Thanksgiving, Instacart users in 35 states and 5,000 ZIP codes will be able to fill their virtual carts with ALDI […]

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Instacart links up with Walmart Canada to expand its same-day delivery service

Instacart has teamed up with Walmart Canada to bring shoppers in Toronto and Winnipeg same-day grocery delivery. The agreement is part of a pilot program for the two companies that will allow Instacart users to order groceries from 17 different Walmart locations across the two cities. This is the first time shoppers in Winnipeg will […]

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Instacart brings on Mark Schaaf as Chief Technology Officer

Instacart has brought on Mark Schaaf as Chief Technology Officer. Schaaf previously held positions at AdMob, which was acquired by Google in 2009 for $750 million. From there, he went on to build and lead a team at Google within the mobile display ad business. In 2015, Schaaf left Google to join Thumbtack as CTO. […]

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Instacart’s chief growth officer Elliot Shmukler is leaving

Elliot Shmukler, who joined Instacart in 2016 to lead product, is leaving the company to pursue early-stage investments, TechCrunch has learned — and confirmed with the grocery delivery service.  Shmukler was brought on as the company’s VP of product, but he’d recently transitioned into a new role, chief growth officer, before announcing his departure to […]

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The Amazonization of Whole Foods, one year in

Amazon promised to breathe new tech into the relationship with Whole Foods after putting a $13.7 billion ring on it one year ago. So how did that promise shake out? At the time, Amazon said the goal was to make “high-quality, natural and organic food affordable for everyone.” Bananas, avocados and even tilapia was going to be […]

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