Whole Foods reportedly set to invest in Instacart

Whole Foods reportedly set to invest in Instacart

US grocery store chain Whole Foods is reportedly making an investment in its delivery partner Instacart. According to local US sources – including the online news site re/code – a deal between Whole Foods and Instacart “is essentially done”.

Re-code also reported that Whole Foods is also signing a five-year deal which will make Instacart its exclusive delivery partner for perishable items.

Instacart also works with many national US chains – including Target and Costco.

 

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