Walmart acquires VC-backed Cornershop
September 14, 2018- Share:
Internet Retail | Mexico City, Mexico | Corporate Acquisition
Walmart has picked up Cornershop for $225 million. The company provides an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile. Founded in 2015, Cornershop had raised nearly $30 million in equity funding from investors including Jackson Square Ventures and Accel.
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