Announced
Completed
Financials
Sources
Tags
Friendly
E-commerce
Private
online grocer
Completed
Minority
Cross Border
United States
Acquisition
Private Equity
Venture Capital
Synopsis
DST Global, an investment company, led a $300m funding round in Weee, a tech startup that offers an online grocery site and app, valuing the company at $2.8bn. The round was joined by Blackstone, Arena Holdings and Tiger Global. The new funds will be used for growing geographically, expanding to new categories and adding products, investing in warehouse automation, front-end development and recruiting new hires to operate the warehouses.
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