Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025
1 2 3 4 5 6 7 8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Gopuff CEO: Why We Moved First to Support SNAP Families

The uncertainty surrounding the shutdown has left millions of Americans unsure how they’ll restock their pantries. Food insecurity spikes when government benefits stall, and for millions of households, SNAP dollars are the difference between an empty fridge and a family meal.

That’s the gap Gopuff CEO Yakir Gola says his company is stepping in to fill.

Building on a Foundation of Service

“It’s in our culture to step up for the community and be there in times of need,” Gola told PYMNTS CEO Karen Webster in a recent interview. “When we heard about the government shutdown and the delay in SNAP funding, we called a meeting and said, what can we do for our customers?”

The answer was a direct $10 million relief commitment, one that the CEO emphasized has no strings attached. Every verified SNAP EBT cardholder, new or existing, can receive up to $50 in grocery credit.

“There’s no distinction,” Gola said. “All you need is a valid EBT card, and you get the offer.” The first $25 became available immediately, with another $25 set to follow depending on the length of the shutdown.

Convenience Meets Necessity

Gopuff, which Gola co-founded and launched during his college days, has long been associated with convenience shopping. But as Gola noted, “We’ve actually become more of a grocery experience.” Fresh produce and staples now account for the platform’s fastest-growing category. The company’s 500-plus micro-fulfillment centers across the U.S. enable 15- to 30-minute deliveries at local prices — including $2 milk, $2 eggs and $2 bread.

“Our business model cuts out the middleman,” he said. “Unlike other third-party marketplaces that charge hefty markups and service fees, we don’t. So the $50 goes a long way.”

The affordability push goes deeper. Gopuff’s membership program, priced at $7.99 per month, offers free delivery and  what the company has billed as “insane weekly deals.” Members also unlock “cheapest on the planet” pricing — the lowest in the U.S. for everyday items like laundry detergent, paper towels, milk and bread.  Gola said. “People want to save money and use their time efficiently so they can go create other streams of income.”  Gola added that membership penetration is at record highs, driven by consumers looking to stretch household budgets. “We’re seeing significant new signups,” he said.

Programs tied to digital payments also draw fraud risk, but Gola said Gopuff’s systems have held up. “Before we launched this, we worked closely with our fraud prevention team,” he explained. “You need a valid SNAP EBT card and PIN. We also use internal and external tools to verify customers. So far, we’ve not detected fraud in this program.”

AI Keeps Shelves Stocked, Orders Moving

Artificial intelligence now powers much of Gopuff’s platform — from forecasting and routing to personalization. “We leverage AI for forecasting labor, fulfillment and distribution,” Gola said. “We also use it in our website and app to personalize the user experience.”

That same intelligence helps predict what customers will want next. Heavy items like water and ice — once unlikely online orders — are now among Gopuff’s top sellers.

The company’s data also shows a surge in demand for healthier and “better-for-you” alternatives. Gola said Gopuff’s new “wellness shop” highlights products with clean ingredients and organic sourcing, giving customers an easy way to shop smarter.

He added that the platform’s model — owning inventory and controlling the supply chain — lets it expand profitably even as other marketplaces rely on markups and service fees.  As for the SNAP initiative, early data suggests it’s also the right business move: engagement from customers who redeemed the SNAP offer is “even higher than normal.”

Gopuff is using that momentum to expand grocery delivery, deepen partnerships with brands like Starbucks and Disney, and continue scaling its 24/7 micro-fulfillment model. “We hit our largest quarter to date in revenue and profitability,” Gola told Webster. “Consumers want speed, and we’re building the largest instant-fulfillment platform, for speed, in the U.S.”

The post Gopuff CEO: Why We Moved First to Support SNAP Families appeared first on PYMNTS.com.

Ria.city






Read also

Photos: Germany’s Ambassador visits Al-Abbas’s Holy Shrine

Just In: Liverpool punish Mo Salah by taking action ahead of Champions League game

Thompson earns his 100th win as Capitals down Blue Jackets 2-0

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости