Grocery Delivery Acquisitions

Uber recently purchased Cornerershop, which is a grocery delivery startup that originated in Latin America. Since then, Cornershop has pivoted its services to operate in Toronto. Uber announced the purchase of the grocery delivery startup on October 11th.

Currently, the deal has to go through regulatory approval, which is scheduled to finish in the beginning of 2020. For now, Cornershop will continue to operate under its current leadership, however, this may change in the future.

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