Published On: Wed, Dec 13th, 2017

Target is acquiring Instacart competitor Shipt for $550 million to fight back against Amazon – Recode


Recode

Target is acquiring Instacart competitor Shipt for $550 million to fight back against Amazon
Recode
Target announced on Wednesday morning that it plans to make one of its biggest acquisitions in recent history by purchasing Shipt, a startup that delivers groceries on the same day customers place an order, for $550 million in cash. Like its chief ...

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