A former exec from Kozmo.com, a company much celebrated for delivering munchies and movies to customers' homes before it closed down 10 years ago, has built his own delivery service. Unlike Kozmo, this one is profitable.
The two 20-somethings who founded and built the Net's largest same-day delivery company have stepped down, sources close to the company say.
The Internet retailer is betting brick-and-mortar Starbucks Coffee can bolster sales of Kozmo's Web-based food, entertainment and convenience item business.
The fleet-footed provider of videos, CDs and books may add nonprescription medication to its list of same-day deliveries as early as this week.
The company, which delivers online purchases to the buyer's doorstep, will announce tomorrow that it has secured $28 million in its first round of financing.
The civil rights group that filed a race-discrimination lawsuit against Kozmo.com in April publicly reverses its position on the matter.
Amsterdam start-up iToke, a kind of alter ego to Kozmo.com, the popular 30-minute delivery service in several U.S. cities, plans to take delivery orders for marijuana starting Sept. 1.
For the second time in eight weeks, online convenience store Kozmo.com trims its work force, this time laying off 275 employees.
In a deal that may change how e-commerce companies ship their products, Amazon.com enlists online convenience store Kozmo.com to deliver certain orders to customers within an hour of ordering.
Kozmo.com, an online convenience store that delivers goods to customers' doors in under an hour, said today that it had expanded its offerings to include breakfast food such as bagels, baked goods and milk. New York-based Kozmo also expanded its business hours to begin operations at 7 a.m. The company, which started out selling videos, CDs and books, has steadily increased its product offerings over the last six months.