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Taking on Porter, Uber launches logistics service Courier XL for delivery of large goods
Economic Times
·
2m ago
Medial
Uber has launched Courier XL, a logistics service for large goods in Delhi NCR and Mumbai, with plans to expand further. Utilizing three and four-wheeler vehicles, it accommodates packages up to 750 kilograms, aiming at small businesses and households needing reliable large-item transport. The service is an extension of Uber Courier, a bike-based delivery service, now in 25 cities. Courier XL will compete with services like Porter and Delhivery in this growing market.
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Uber expands courier offering to include large deliveries
YourStory
·
2m ago
Medial
Uber has expanded its courier offerings to include large deliveries using three and four-wheeler goods carriers. The new feature, Courier XL, is under Uber's Courier vertical, which previously focused on bikes and two-wheelers in India. This move aims to cater to the demand from small businesses and households for transporting heavier goods. The feature retains the standard benefits like live tracking and upfront pricing. It positions Uber in direct competition with other delivery companies like Porter.
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Uber expands same-day delivery service with Courier XL
YourStory
·
5m ago
Medial
Uber is expanding its same-day delivery service, Courier, with the new Courier XL feature for larger packages. Initially available in Mumbai, this move positions Uber against competitors like Porter in the logistics sector. Porter's success is due to its driver-centric approach. Meanwhile, Uber's adaptability post-pandemic, leadership stability, and India's role as an R&D hub have strengthened its market presence. Additionally, Uber introduced a subscription model for auto drivers, shifting from the traditional commission-based revenue model.
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Uber rolls out price lock and services for seniors, among other new features
YourStory
·
1m ago
Medial
Uber has introduced new features in India to enhance affordability and accessibility amid competitive growth. These include a price lock feature to stabilize fares, Uber for Seniors with a simplified app interface, and expanded metro ticket bookings through the app. Additional offerings include Courier XL for sending large parcels, Uber Pet for pet-friendly transport, and premium airport services in select cities. Uber XL Plus ensures larger cars for group travel, addressing diverse rider needs.
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Ola launches all-electric parcel services in Bengaluru
Money Control
·
1y ago
Medial
Ride-hailing company Ola has introduced its parcel delivery service, 'Ola Parcel', in Bengaluru using electric scooters. The service will charge Rs 25 for 5km, Rs 50 for 10km, Rs 75 for 15km, and Rs 100 for 20km. Ola plans to expand the service across India in the coming months. The intra-city parcel delivery market already has players like Porter, Swiggy Genie, Uber, and Dunzo. Ola's rival, Uber, also launched its parcel delivery service called 'Uber Connect' last year.
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Delhivery unveils short-haul cargo service rivalling Uber, Porter
Economic Times
·
1m ago
Medial
Delhivery, an Indian courier firm, launched a short-haul parcel transport service to compete with companies like Uber and Porter. The service began in Delhi NCR and Bengaluru but aims to expand to other metro cities. This move follows the growing popularity of near-distance delivery due to the success of quick-commerce services. Delhivery seeks to diversify amid intense competition in long-haul freight from e-commerce giants like Amazon and Flipkart.
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Why intracity delivery is getting crowded
Livemint
·
1m ago
Medial
India's hyperlocal logistics market is expanding as companies like Delhivery enter the sector, offering on-demand intracity delivery services. Delhivery Direct has launched in Delhi-NCR and Bengaluru, competing with Porter, Borzo, and Uber. The service promises pickups within 15 minutes using various vehicles. Despite a financial loss, Delhivery is focusing on acquiring small and medium enterprises to boost this new vertical, highlighting the growing demand for efficient urban delivery solutions.
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Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet
Economic Times
·
1y ago
Medial
Zomato has launched Xtreme, a hyperlocal delivery service that utilizes its fleet of over 3 lakh executives. The service is available in almost all cities where Zomato operates and targets small and large merchants for delivering small packages within the city. Users can ship items weighing up to 10 kg, including documents, medicines, food, and apparel. Zomato is charging Rs 25 for the first kilometer of delivery, with additional charges for every additional kilometer. The move comes as Zomato aims to generate new revenue opportunities and compete with Dunzo, Swiggy, Uber, and Ola in the intracity logistics space.
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Porter expects business to grow by 60% to Rs 3,000 cr, reach operational profit by Dec 2024
Money Control
·
1y ago
Medial
Logistics startup Porter expects 60% revenue growth to around Rs 3,000 crore in the current financial year due to category expansion and increased operations. Backed by Tiger Global and Lightrock ventures, the company aims to achieve operational profitability by December 2024. Porter provides instant delivery of up to 20 kg, house shifting, and more in 19 cities. It has expanded into courier services and plans to target micro, small, and medium businesses, aiming for 8-10% of total revenue from the new vertical by 2028. The company's growth strategy involves both category and geographical expansion.
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Adenia Partners ropes in three LPs to acquire South Africa’s The Courier Guy
VCCircle
·
1y ago
Medial
Mauritius-based private equity firm Adenia Partners has acquired South African e-commerce logistics company The Courier Guy, in collaboration with three co-investors. This move marks Adenia's second transaction from its latest investment vehicle. The firm, which targets mid-sized businesses across Africa, has purchased a 100% stake in the Cape Town-based courier services provider. The Courier Guy offers a range of logistics services for e-commerce businesses in South Africa and is known for its efficient delivery network and customer service.
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IPO-bound Swiggy launches XL fleet for bulk orders in festive season | Mint
Livemint
·
10m ago
Medial
- Swiggy has launched a bulk order service called Swiggy XL EV fleet, which aims to serve large orders at once. - The service has undergone a pilot run and was officially launched in Gurugram. - The fleet has already delivered 3500 meals to electoral officials at polling booths in Gurugram and Badshahpur. - The Swiggy XL EV fleet service will be expanded to more cities in the coming weeks. - The service includes features such as temperature-controlled compartments and electric-powered fleet. - Swiggy has filed revised draft documents for an IPO to raise capital.
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