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Uber To Acquire Leading Online Grocery Provider In Chile, Mexico

By John F. Heerdink, Jr.

Recently, San Francisco-based Uber Technologies, Inc. (UBER) announced the acquisition of a leading online grocery provider called Cornershop located in Chile, Mexico.  Upon the closure of the deal, Cornershop is set to continue working under its current leadership but will report to a board with the majority Uber share.

“Uber is the perfect partner as we embark on our quest to bring our unique flavor of on-demand groceries from incredible retail partners to many more countries around the world,” stated Oskar Hjertonsson, Founder and CEO, Cornershop.

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(Read Original Story: Uber to Acquire Majority Ownership in Cornershop in Business Wire)


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