'Household restocking' startup The Rounds uses tech and AI to make sustainable e-commerce profitable
The Rounds, a sustainable "household restocking" service, wants to prove that last-mile logistics can be done both efficiently and profitably. Now, it's claiming a significant milestone on the latter, as the startup claims it's profitable not only at the unit economic level but also in terms of how it operates its fulfillment centers -- the neighborhood locations where it stores inventory -- like grocery items and household goods -- and dispatches staff to fill customers' orders. "Being able to hit profitability there means the next step is true cashflow p...
Source: yahoo.com
