SUBSCRIBERS
Grocery delivery businesses find new backing
FreshDirect raises US$189m; Instacart gets cash injection from partner
Published Tue, Sep 27, 2016 · 09:50 PM
New York
EVEN as technology companies old and new seek to enter the online grocery delivery business, one of the sector's original ventures continues to find new backing.
FreshDirect announced on Monday that it had raised US$189 million, the biggest round of fund raising in its 17-year history.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO