Webvan

Webvan was an online "credit and delivery" grocery business that went bankrupt in 2001. It was headquartered in Foster City, California, USA, near Silicon Valley. It delivered products to customers' homes within a 30-minute window of their choosing.[citation needed] At its peak, it offered service in ten US markets: San Francisco Bay Area, Dallas, San Diego, Los Angeles, Chicago, Seattle, Portland, Atlanta, Sacramento, and Orange County. The company had hoped to expand to 26 cities.[citation needed]In June 2008, CNET named Webvan the largest dot-com flop in history, placing it above Pets.com and eight other sites on its list. It is now owned and operated by Amazon.com.
Posts about Webvan
  • Why Instacart’s $2 Billion Valuation Doesn’t Spell Bubble

    … A rash of new billion dollar valuations has rekindled fears that the kind of unfounded tech optimism characteristic of the dot-com bubble has resurfaced. And no story has emboldened critics like the ascent of Instacart, a local logistics firm whose recent $2 billion dollar valuation evokes the cautionary tales of Webvan, Kozmo and other delivery…

    Steven Jacobs/ Street Fight- 9 readers -
  • Competitive Analysis: A Look Into the Online Food Industry

    …: Webvan, a pioneer in the online grocery delivery business, went public in 1999 before quickly going bankrupt in 2001. But online consumer behavior has changed a lot in the last few years, and shopping has progressively gone virtual; people are now buying everything online, so why not food? Marcus Wholsen, from Wired.com, believes online grocery…

    Lara Vogel/ Search Engine Journalin Google- 8 readers -
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