Arive Raises $20M For An Instant Delivery Service Beyond Groceries And Essentials

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The startup launched only four months ago and is currently active in just four cities in Germany — Berlin, Hamburg, Munich and Frankfurt — although now the idea will be to use the investment to expand further across the country and to start considering which other markets to tackle next. Beyond that, white label services — where Arive might sell its backend technology and delivery infrastructure to third-party retailers to build their own instant delivery services — is another area that the company is considering, Fries said. Or, it could point to how there remains an opportunity for a smaller and more focused company to get the model right, understanding that the market has matured in the last eight years and consumers are not only more willing to shop online than ever before due to Covid-19, but have focused their expectations of how that experience should more closely mirror the instant-gratification of shopping in person. Finally, high basket sizes and no wastage means the company has a much stronger path to a sustainable business model over the long run. Meanwhile, although it’s taking a different approach in instant delivery by eschewing groceries and FMCG essentials and focusing on higher-ticket slower-moving consumer goods, Arive is still operating very much with those grocery delivery startups in mind for another reason. They are already used to getting their food quickly, which is the first step.”Arive is not the first company to have thought of building a service around instant delivery of virtually any kind of item a person might like to have without leaving their homes to buy it.