Monday, July 1st, 2019

The BMW Group Expands its Electric Mobility Program
Press Release

The automaker announced that it will reach its goal of 25 electrified models by 2023, instead of 2025. BMW states that more than half of those models will be fully electric.

According to a press release, the group credits the update to its ability in dealing with and responding to changing conditions in the industry. The company also expects its electrified vehicle sales to increase by an average of 30% each year heading towards 2025.

Amazon Teams up with Rite Aid
Press Release

The technology company announced that it’s launching a network that enables customers with the option to pick up their packages in-store at a partner location.

The new offering, called Amazon Counter, is available for same-day, one-day, two-day, and standard shipping options.

According to Amazon, the new offering will go live in over 100 Rite Aid locations across the United States, with plans for up to 1,500 Rite Aid stores by the end of the year. Amazon stated that it plans to add other partners into the network, including small to midsize firms and larger chains.

Booster Raises New Funds
Company Blog Post

The same-day gas fill-up service announced that it raised $56 million in Series C funding led by Invus Opportunities. The company has raised a total of $88.5 million since it was founded four years ago.

Booster looks to serve different customer segments, from busy parents to small businesses.

The company operates its 24/7 business in over 20 markets across the United States.