Monthly archives: September, 2018

Delivery startup Postmates joins 1 bln dollar Unicorn Club

On-demand delivery startup Postmates raised $300 million in venture funding by Tiger Global to accelerate its growth. The deal values Postmates at approximately $1.2 billion. “We didn’t have plans to raise additional capital,” Postmates CEO Bastian Lehmann told Term Sheet. “Tiger Global approached us and said it’s time to put some more gas in this machine. So we …

US Brookings research: e-fulfilment is coming into our cities

Brookings is reporting about where will online orders get fulfilled? The changing local geography of e-commerce. Brookings: “As the brick-to-bits transition continues, it’s not enough to just count job and output changes. It’s equally important to know where e-commerce jobs are emerging, especially as it relates to more traditional retail locations”.

MAN Trucks presents e-trucks with Austrian partners

Joachim Drees, chairman of the Executive Board of Man Truck & Bus AG, and his board colleague Dr. Ulrich Dilling, responsible for production and logistics, handed over the first electric trucks of the type MAN eTGM at the Steyr production site at nine member companies of the Austrian Council for Sustainable Logistics (CNL).