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Postmates is launching a new retail delivery feature as brick and mortar stores face 14% drop in sales

TechCrunch LA

Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. In fact, the online analytics service eMarketer projected a 10.5% earlier this month.

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Nowadays puts its spin on plant-based nuggets

TechCrunch LA

The alternative protein space is hot, hot, hot as evidenced by both the number of companies developing products and the venture capital going into the space. Investment into alternative proteins, for example, plant-based meats and dairy substitutes was $5 billion in 2021, according to both the Good Food Institute and Crunchbase data.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch LA

is still manageable, which is why we have the opportunity to become leaders in the sphere of fast delivery of basic products and household goods. On-demand grocery startup Food Rocket launches in the Bay Area, goes up against delivery giants. “We We are creating new habits of customers.

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Volvo’s Polestar begins production of the all-electric Polestar 2 in China

TechCrunch LA

Polestar has started production of its all-electric Polestar 2 vehicle at a plant in China amid the COVID-19 pandemic that has upended the automotive industry and triggered a wave of factory closures throughout the world. Most automakers have suspended production in Europe and North America. Image Credits: Screenshot/Polestar.

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Aero raises $65M for its semi-private airline

TechCrunch LA

The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million. The company, which uses private terminals at the airport it serves, will adjust its schedule based on customer demand (and the seasons) as it expands its fleet in the coming months. In the U.S., Image Credits: Aero. In the U.S.,

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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

The funding, a Series C, will be used to continue expanding Boulevard’s product and engineering teams and to build out more tools targeting an ever-wider set of users in the bigger wellness and beauty sector (those product additions are typically big — it most recently added a whole new payments feature).

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

The first Canoo vehicles are expected to appear on the road by 2021 and will be offered only as a subscription. Hyundai Motor Group is counting on this underlying architecture to help the company reduce the cost and complexity of production and allow for it to respond quickly to changing market demands and customer preferences.

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