Wednesday, October 28, 2020

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Walmart buys supermarket delivery app

Monday, September 17, 2018


Several companies in the region are starting or expanding a service that combines digital grocery shopping with home delivery.

Other companies buy this type of service, as is the case of Walmart, which last week agreed to acquire - subject to regulatory approval - Cornershop's operations in Mexico and Central America for $225 million.

An app for grocery deliveries, Cornershop has operations in Mexico and Chile.

Founded in 2015, the company’s headquarters are in San Francisco, United States.

Cornershop's experience, technology and digital capabilities will strengthen our business in Mexico and Chile, and provide learning for other markets in which we operate, said Walmart International CEO Judith McKenna.

The largest Walmart operation outside the United States, Walmart de México and Central America operates in Mexico, as well as in all the countries of the Isthmus, except Belize and Panama.

Other Central American digitial supermarket services include Panama’s Riba Smith.

"Todo a la puerta" (Everything at the door) is the offer of Paiz, Guatemala’s largest supermarket chain.

In Costa Rica, the Auto Mercado chain three years ago started the "Auto a domicilio” (Auto to home) service.

Uber Eats collaborates with several brands in the region to provide grocery delivery service.