![]() ![]() Turkish quick commerce player Getir has acquired competitors like Blok and Weezy in 2021 to expand. In 2021, Getir acquired Spanish player Blok and UK player Weezy to begin building its European footprint. But this wasn’t a new page in the company’s playbook. In early October, Bloomberg reported that Getir was in advanced talks to buy rival Berlin-based Gorillas to expand in Europe. Takeovers are perhaps most evident within the quick commerce market. In the U.S., for example, the top-three third-party delivery players across retail and foodservice control almost 90% of the market, according to Euromonitor, up from 40% in 2017. The stage is set for an intense round of consolidation as larger, better-financed players snap up their smaller rivals or force them out of business. ![]() These companies own and operate distribution centers close to end-consumers to shorten delivering windows.Ĭompetition in the on-demand delivery space is fierce, but the short-term outlook continues to worsen. Weezy, Gorillas, Getir, Cajoo and goPuff received a windfall of venture capital over the last couple years. Startups burst onto the scene with some promising orders in as little as 10 minutes. A spokesperson for Gatik told FOX Business its technology can reduce logistics costs by as much as 30% for a grocery business.But deliveries were still taking an hour or more, which laid the groundwork for ultrafast models. The partnership comes as a growing number of retailers are transitioning to a "hub and spoke" distribution model, in which a single distribution hub is used to serve multiple nearby stores, amid ongoing supply chain challenges. In addition, Gatik and Walmart are currently running similar delivery tests in New Orleans with a safety driver behind the wheel. Since the start of Gatik's commercial operations in 2019, the firm has achieved a 100% safety record across multiple operational sites in North America, including Arkansas, Texas, Louisiana and Ontario.īentonville is the only city where Gatik is currently operating trucks without a safety driver. "We’re thrilled to be working with Gatik to achieve this industry-first, driverless milestone in our home state of Arkansas and look forward to continuing to use this technology to serve Walmart customers with speed." vice president of last mile, said in a statement. "Through our work with Gatik, we’ve identified that autonomous box trucks offer an efficient, safe and sustainable solution for transporting goods on repeatable routes between our stores," Tom Ward, Walmart U.S. Walmart and Gatik received approval to remove the safety driver from the trucks in December 2020 from the Arkansas State Highway Commission, following the completion of 18 months of successful operations. The route, which involves navigating intersections, traffic lights and merging on dense urban roads, is the first ever on the so-called middle mile to remove a safety driver. Since August, the companies have deployed the fully autonomous trucks without a safety driver for a daily, seven-mile delivery route between a Walmart "dark store", or fulfillment center, and a Neighborhood Market retail store in Bentonville, Arkansas, where the retailer's headquarters is located, Fox Business reports.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |