Around the Net
Target Buys Same-Day Delivery Startup Shipt
- Re/code, Wednesday, December 13, 2017 11:33 PM
Target is shelling out $550 million for same-day grocery delivery startup Shipt. “Like its chief rival, Instacart, Shipt partners with a network of brick-and-mortar grocery chains to pick orders off of their shelves and deliver them to customer’s doors on the same day they are ordered,” Recode writes. “Target plans to join the Shipt online marketplace, while Shipt intends to keep serving its other retail partners.”
