7-Eleven, an American multi-chain retailer, has acquired Skipcart, a white-label delivery fleet providing same-day grocery delivery. The monetary information of the acquisition deal remains undisclosed. As per The Information, the on-demand delivery startup was valued at $65 million in 2020. The acquisition news comes shortly after Circle K, boosted its delivery portfolio and partnered with multiple grocery delivery platforms to grow its supply chain network. 7-Eleven reportedly plans to directly compete with DoorDash and other successful on-demand delivery firms.
Full story: GroceryDive
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