It’s Friday so let’s sit back and think about another busy week for the tech space in retail. Here is your briefing on the most important and interesting stories from the past few days.
1. Instacart is quietly investigating the launch of micro-fulfillment centers
U.S. grocery delivery company Instacart is reportedly investigating the use of robotic bearings to fulfill its orders
More than 500,000 gig workers are currently used for this.
According to an FT article quoting several people familiar with discussions, Instacart initially expressed a desire to open up to 50 micro-fulfillment centers in the US in about a year.
2. Mark Carney joins the board of directors of digital payment giant Stripe
Former Governor of the Bank of England, Mark Carney, has joined the board of directors of online payments company Stripe.
The announcement closely follows reports that the US company is planning a primary financing round valued at more than $ 100 billion.
