Middle East News 247
Business

Delivery Hero acquires Dubai-based InstaShop for $360m to expand into grocery delivery

Online food delivery service Delivery Hero is acquiring Dubai-based e-commerce site InstaShop for $360m, expanding into the fast-growing grocery delivery service.

Grocery delivery has emerged as one of the biggest e-commerce segments, as stay-at-home orders and anxiety over the coronavirus pushed shoppers online. InstaShop says it grew a whopping…

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