Grocery delivery businesses find new backing
FreshDirect raises US$189m; Instacart gets cash injection from partner
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar