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Jason Del Rey / Recode:
Instacart says it will end its partnership with Whole Foods starting in February; source: move is expected to reduce Instacart's revenue by less than 5 percent   —  Instacart will begin pulling the first group of workers out of Whole Foods locations in February.
Dec 13, 2018, 1:05 PMIn context
Jason Del Rey / Recode:
How Amazon is limiting the ability of popular brands to sell independently via its Marketplace, if they also want to sell their goods directly via Amazon itself   —  Some companies are choosing to end their relationship with Amazon rather than cave to the online retailer's demands.
Dec 2, 2018, 12:25 AMIn context
Jason Del Rey / Recode:
Instacart raises $600M at a $7.6B valuation led by hedge fund D1 Capital Partners   —  The startup has a fresh $600 million in funding to boot.  —  As Amazon has ramped up its Whole Foods grocery delivery service to 48 cities across the U.S., a common narrative has followed …
Oct 16, 2018, 9:35 AMIn context
Jason Del Rey / Recode:
Stripe unveils Stripe Terminal, a new service for in-person payments with Warby Parker and Glossier as launch partners, will charge 2.7% plus 5¢ per transaction   —  The San Francisco-based company is introducing a new service for in-person payments.  —  For years, Stripe has been synonymous …
Sep 17, 2018, 12:25 PMIn context
Jason Del Rey / Recode:
A look at the recent $100M+ acquisitions of direct-to-consumer startups, including MVMT and Native, that raised little to no venture capital   —  A new breed of entrepreneurs is creating huge consumer brands — like MVMT and Tuft & Needle — without venture capital, and laughing all the way to the bank.
Aug 29, 2018, 3:20 PMIn context
Jason Del Rey / Recode:
Sources: Groupon has contacted several public companies in the past few months to gauge interest in acquiring it; Groupon's revenues fell 5.6% in 2017 to $2.84B   —  The daily-deal pioneer's run as an independent company could be nearing an end.  —  Groupon's 10-year run as an independent company could be coming to an end.
Jul 7, 2018, 1:15 PMIn context
Recode:
Survey: 19% of Amazon professional merchants, third-party sellers who sell 40+ items/month and pay a subscription fee, had $1M+ in sales, up from 10% in 2017   —  Nineteen percent of these merchants grossed more than $1 million in sales, up from 10 percent last year.
May 27, 2018, 2:55 PMIn context
Jason Del Rey / Recode:
Amazon says the Echo that recorded a private discussion interpreted background conversation as action confirmation, leading to recording and sending to contact   —  A couple says their device secretly recorded a private conversation of theirs and sent it to an acquaintance.
May 24, 2018, 7:30 PMIn context
Jason Del Rey / Recode:
Sources: Walmart has quietly launched Jetblack, members-only personal shopping and concierge service, now in beta in Manhattan   —  The initiative, led by Rent the Runway's co-founder Jenny Fleiss, is being tested in Manhattan.  —  Code Eight, a stealthy personal-shopping startup incubated inside …
May 18, 2018, 5:10 PMIn context
Jason Del Rey / Recode:
Amazon says its board has adopted a “Rooney Rule” to increase board diversity, after its initial opposition sparked employee outrage   —  The company says it is merely formalizing a practice that was already in place.  —  Amazon said on Monday that it would adopt a policy whereby women …
May 14, 2018, 5:35 PMIn context

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