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eCommerce Grocer Weee Notches Almost $50M In Funding

PYMNTS

The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth. Weee, which was started in 2015, began as a community buying platform that received Asian spices and fresh produce, among other items. Bigbasket competes against Amazon and Flipkart in the Indian eCommerce market.

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California bank bets on two new markets to reverse lending slump

American Banker

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019.

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Cities Partner With Apps To Create Their Own Ridesharing Services

PYMNTS

Like a few communities in the U.S., As Via rolls the service out in Arlington — and also in West Sacramento, California, in the spring — they might be part of a larger trend, as local governments seek to replace or augment their transportation efforts with their own rideshare services. The Rideshare App Market.

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Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles

PYMNTS

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. Curbside delivery is coming to the grocery chain, starting with two test runs — one in Virginia Beach one in Sacramento. In an interview with Business Insider on Wednesday (Aug. trillion in cash spent in 2016.

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Instacart Loosens Availability Requirements For Shoppers With New On-Demand Option

PYMNTS

As more busy people and families across North America rely on online grocery shopping and delivery, we’ve learned that different markets may need different product features to meet demand and make work more flexible for shoppers,” Instacart Chief Product Officer David Hahn said in a blog post.