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DoorDash acquires delivery and logistics startup Rickshaw

DoorDash acquires delivery and logistics startup Rickshaw
From TechCrunch - September 14, 2017

DoorDash is announcing the acquisition of Rickshaw, a Y Combinator-incubated startup that helps businesses offer same-day delivery by connecting them to a courier network and managing the logistics.

DoorDash has been developing a similar platform called Drive, which allows customers to use DoorDashs network to make deliveries beyond DoorDashs consumer website and app.

Meanwhile, Rickshaw CEO Divya Bhat said shed built a profitable business in Los Angeles and the San Francisco Bay Area with a super small, scrappy team of just four full-time people. However, as they looked at raising a Series A and expanding, she said it would mean taking a big step back and building a bunch of generic infrastructure.

Since they already knew the DoorDash team, and since they saw a similar vision behind Drive, the acquisition looked pretty appealing.

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