Instacart Gets Strategic Funding From Whole Foods
San Francisco-based on-demand grocery delivery provider Instacart has received a strategic investment from natural and organic supermarket operator Whole Foods Market, the two said today, as part of a strategic deal between the two. The companies said that Instacart and Whole Foods Market will expand availability of Instacart across a large number of markets with Whole Foods, beyond an existing 16 markets the two are working together in. The first two markets are Orange County, California, and Baltimore, Maryland. Financial details of the investment were not announced.
posted on Thursday, March 10, 2016 (Link to more information)
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