News

Trying unsuccessfully to raise capital until the end, online grocer Webvan Group Inc. has closed its doors and will file for bankruptcy, sealing the fate of one of the Internet economy's high ...
ATLANTA -- The launch should have been the crowning event of my 8-year-old's week. Jonathan had just spent five days at aerospace camp with a mob of other little boys (and two girls), learning how ...
Will online grocer Webvan drive off into the sunset -- or off a cliff? The road signs indicate more dangerous curves ahead. Yesterday, the struggling Foster City startup announced a loss of $86 ...
Webvan, which at one time boasted more than a billion dollars in its coffers, shut down its Atlanta operations in April to save money. Anyone kicking the tires on those vans could find some good ...
It could have worked. Now that Webvan Group has collapsed, number crunchers are dismissing the company as an experiment doomed from the start. But they need to look beyond Webvan’s errors in ...
Stunned Webvan employees--many of whom were meat packers, grocery clerks, truckers, delivery agents and florists--discuss their disappointment and plans for their futures.
The defunct online grocer has $25 million to spread among creditors. But that's only a fraction of the $1.2 billion that investors sank into the company.
Online grocer Webvan will hold its third asset auction early next month, selling off US$30 million worth of equipment used to service the Altanta, Georgia market it departed earlier this year. The ...
Last year retailing luminary Louis Borders, armed with $400 million in venture capital, promised to revolutionize the grocery business with Webvan. His strategy: Skip the stores and deliver direct ...
Don't look now, but stock in Webvan and Drkoop.com is trading above a dollar--way above. In three separate auctions on eBay, bidding has hit over $100 for stock certificates from the now defunct ...