*Urbanfetch Drops Consumers, Focuses on BTB

Share this article:
Online delivery business Urbanfetch.com said yesterday it will no longer deliver goods to consumers in New York and will cease operations altogether in London. Instead, Urbanfetch will concentrate on its more profitable business-to-business delivery service in New York.


Urbanfetch Express, the company's 6-month-old BTB service, generates more revenue than its London and New York consumer businesses combined.


Consumer operations in New York will stay in business for several more weeks as the company liquidates inventory.


This week Amazon.com-backed Kozmo.com, Urbanfetch's main rival, broke off merger talks with Urbanfetch.
Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Is the Next Mobile Already at Hand?

Is the Next Mobile Already at Hand?

Researchers quibble about just how big the Internet of Things is going to be, but a new report says it's going to be huge and that marketers need to pay ...

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.