Deliv is in the process of shutting down its operations, The Wall Street Journal reported on Wednesday, and that has provided an opportunity for Target to buy the company's technology. Delivery service startup Deliv Inc. is shutting down operations, according to an email founder and Chief Executive Daphne Carmeli sent to its delivery workers Wednesday. In Case You Missed It: App-based delivery company Deliv shuts down and lays off hundreds of drivers in California soon after company converted independent contractors to employees Deliv is in the process of shutting down its operations, The Wall Street Journal reported on Wednesday, and that has provided an opportunity for Target to buy the company's technology. work independently. the work is not stressful, but pay compensation is low. In a stunning turn of events, Deliv, the delivery service that was most recently valued at $190 million, announced that it would be shutting down all operations over the next 90 days and that its technology would be purchased by Target for an “immaterial” amount.. Cons. MHR Well-Known Member. The Menlo-park based company was founded in 2012 and focused on providing crowdsourced, same-day delivery services. Deliv shut down Cleveland operations. "Deliv is in the process of completing a deal to sell technology assets to Target and Deliv's CEO along with a subset of the team will be moving over to Target. "Deliv is in the process of completing a deal to sell technology assets to Target, and Deliv's CEO along with a subset of the team will be moving over to Target. 15, 2020 Contact: Stacey Wells, (866) 450-2648 press@yeson22.com. Moderator. “Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days. In case you missed it… App-based delivery company Deliv shuts down and lays off hundreds of drivers in California soon after company converted independent contractors to employees Pros. Now, with Deliv in the process of shutting down its operations, Target is making moves to acquire the startup’s grocery technology and welcome Deliv’s CEO, Daphne Carmeli, to its team. Deliv CEO Daphne Carmeli, who will join Target along with some other of the startup's staff, wrote an email to employees on Wednesday saying that the company would shut down … May 7, 2020 #1 Reactions: NoPool4Me and MHR. One Silicon Valley publication was unsparing in its conclusion: “At a time when other startups in the delivery business are doing record business, Deliv Inc. is shutting down.” Less than a year ago, the bill’s freelance-slaying pendeja-author Lorena Gonzalez praised Deliv for … While they’ve become the butt of jokes on Twitter lately, many investors are in the same boat. Deliv is shutting down! Thread starter steveNYC; Start date May 7, 2020; steveNYC Active Member. Delivery Driver (Current Employee) - Cleveland, OH - January 16, 2019. Target is acquiring technology from the same-day delivery startup Deliv, which is shutting down. For immediate release: May. For immediate release: May. May 7, 2020 #2 I had noticed the emails to update my documents had … The deliveries were often very far apart. Deliv work is inconsistent and has a drive shortage. 15, 2020 Contact: Stacey Wells, (866) 450-2648 press@protectdriversandservices.com. Silicon Valley has an abundance of young entrepreneurs who haven’t weathered a recession.