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Uber to buy Chile's Cornershop as it sets sights on delivering groceries

The logo of the Chilean online grocery provider Cornershop next to the logo of Uber application
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SANTIAGO (Reuters) - Uber Technologies Inc said on Friday it would buy a majority stake in Chilean online grocery provider Cornershop as the ride hailing company seeks to widen its fast-growing food delivery app to include groceries and other goods.The deal for an undisclosed sum, which follows Uber's disappointing IPO in May, would see it expand Santiago-based Cornershop, which now operates in..
Date Published: Oct 11, 2019
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