Knock, Knock: The New Delivery Guys
summary
Postmates reports mean restaurant deliveries of about 24 minutes in New York (31 in San Francisco, fastest 9) and operates in 40 markets across 200 US cities, with 20 markets already revenue positive. The business layers groceries, prescriptions and Apple partnerships to even out peak windows, claims to make money on every delivery and targets profitability in 2017. Strategy favors local merchants, city-by-city winners, and expansion where competition and funding allow.
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