Original Source: http://on.wsj.com/24syGeQ For United Parcel Service, investment is an opportunity to observe a market in which it doesn’t yet compete A guest-services representative uses the Deliv app on an iPad at the Williams-Sonoma in Tysons Corner, Va. PHOTO: GETTY IMAGES By GREG BENSINGER and LAURA STEVENS Updated Feb. 24, 2016 9:57 a.m. ET Same-day deliveryRead more
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Food delivery startup DoorDash is in talks to raise more financing at a valuation of $1 billion, just eight months after raising a $40 million Series B round. Sequoia Capital is expected to lead the round, Bloomberg reported Monday, citing sources close to the discussions. The report did not indicate how much money the companyRead more
RUTH READER NOVEMBER 24, 2015 3:06 PM TAGS: AMAZON, JET Amazon competitor Jet.com has raised a gargantuan new round of funding, giving the company a valuation of $1.5 billion. Today, Jet announced the close of a $350 million raise from Fidelity, Alibaba, Bain Capital, and Google Ventures. The company is also in the process of raisingRead more
MICHAEL DE WAAL-MONTGOMERY NOVEMBER 17, 2015 8:05 PM TAGS: LYFT, UBER The same day that U.S.-based ridesharing startup Lyft said it’s on track to hit $1 billion in gross annual revenue this year, the New York Times is reporting that the company is also in talks to raise $500 million in a fresh funding round that would leaveRead more
SINDY NANCLARES NOVEMBER 24, 2015 7:34 AM TAGS: CLARISITE, LAZARUS ISRAEL OPPORTUNITIES FUND Behavioral analytics startup Clarisite raised $5.5 million for its series A round led by Lazarus Israel Opportunities Fund, the startup announced today. Clarisite also announced its new CEO, Yaron Morgenstern, who will oversee the company’s international expansion. The company’s software lets its customersRead more