Troubled Webvan on Monday said it has ceased operations and plans to file for Chapter 11 bankruptcy protection. The online grocer, which has been struggling financially for some time, said it has no ...
After holding one of the biggest fire sales the Internet has seen, Webvan is divvying up the money it has left: $25 million. The online grocery-delivery company, which closed its doors last July, said ...
FOSTER CITY, Calif.--From its $1 billion warehouse order to the generous severance it gave to its former chief executive, Webvan was always an oversized dot-com. So it figures that a bankruptcy ...
The stocks of nearly all Internet retailers look like piranha leftovers these days, so it’s not surprising that Tuesday’s news about Webvan didn’t make much of a splash in Silicon Valley’s ...
Defunct online grocer Webvan (Nasdaq: WBVN) was slapped with its second class action lawsuit in as many weeks Monday, over allegations that its initial public offering (IPO) violated federal ...
In the sober days of 2001, it's hard to imagine a time when a company with an untested plan for an online grocery shopping service could inspire private investors to instantly part with hundreds of ...
SAN FRANCISCO --A year ago, online grocer Webvan Group had a lot on its plate. The company had just gobbled up rival HomeGrocer.com in a $1 billion takeover and management remained set on ...
Ever since the credit crunch and Great Recession put the IPO market into a deep freeze, it has been difficult for companies to raise money and go public. Perhaps the successful initial public offering ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. What’s that smell in the air? Of course, it’s the unmistakeable stench of burnt fingers wafting across the City ...
As an undergraduate student at Georgia Institute of Technology, Pablo Macouzet Jr. used to suffer through crowded subways, crushed eggs, and armfuls of plastic bags in order to stock his fridge--until ...
This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. I was asked recently to share my views on bitcoin, the virtual currency whose price--not value ...
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