What to read today: The Internet of Medical Things: In this brand new report, Business Insider Intelligence assesses the North American Internet of Medical Things (IoMT) market and explores how the IoMT opportunity for connectivity providers is evolving alongside the coronavirus pandemic, and how these players are carving out their place in the growing segment..
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| | | | | Instacart and DoorDash raise funds as the pandemic highlights their value. | Instacart and DoorDash are both reportedly in the process of raising funds, capitalizing on their sudden importance as the pandemic has limited consumers' ability to visit grocery stores and restaurants.
Instacart is raising $225 million, boosting its valuation from $8 billion in 2018 to $13.7 billion, and DoorDash is close to raising funds at a $15 billion valuation.
Both firms are gaining these new valuations at a time when they have new importance to merchants and consumers – but as the pandemic fades and businesses reopen, Instacart and DoorDash need to convince consumers to keep shopping with them and become profitable to find long-term success.
Business Insider Intelligence's Daniel Keyes has the full story. | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Internet of Medical Things | | In this brand new report, Business Insider Intelligence assesses the North American Internet of Medical Things (IoMT) market and explores how the IoMT opportunity for connectivity providers is evolving alongside the coronavirus pandemic, and how these players are carving out their place in the growing segment. | | Get the full report → |
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| | | | The Online Grocery Report | | The coronavirus pandemic has brought online grocery — a promising but formerly niche industry — to the fore. This report looks back at how online grocery adoption was progressing prior to the coronavirus pandemic to understand the state of the industry before the shopping method became vital to many consumers. | | Get the full report → |
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