Uber takes stake in online grocery group Cornershop

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AFP Washington
Last Updated : Oct 11 2019 | 8:05 PM IST

Uber said Friday it agreed to take a majority stake in Cornershop, an online grocery provider in Chile, Mexico, and which recently expanded to Peru and Canada.

The deal, terms of which were not disclosed, comes with Uber seeking to expand further beyond ridesharing and become a diversified logistics and transport operation.

"Whether it's getting a ride, ordering food from your favorite restaurant, or soon, getting groceries delivered, we want Uber to be the operating system for your everyday life," said Uber chief executive Dara Khosrowshahi.

"We're excited to partner with the team at Cornershop to scale their vision, and look forward to working with them to bring grocery delivery to millions of consumers on the Uber platform."

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First Published: Oct 11 2019 | 8:05 PM IST

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