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Same-Day Delivery Stays Hot as Postmates Gets $16 Million Investment

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Postmates, the San Francisco-based startup whose network of couriers pick up and deliver meals and office supplies to shoppers’ doors in under an hour, has raised $16 million in its Series B investment round. Spark Capital led the investment in Postmates, which operates in San Francisco, New York, Seattle and Washington, D.C.

This article originally appeared on Recode.net.