Carrefour to invest $35m in Cajoo.

Carrefour, a firm that operates supermarkets, hypermarkets, cash and carries stores, and e-commerce websites, agreed to invest $35m in Cajoo, a developer of a grocery delivery platform. Financial terms were not disclosed. “Carrefour’s investment in Cajoo is a new milestone in the Group's digital roadmap. Quick commerce is an underlying market trend that emerged during lockdown and is now increasingly established in consumers' habits, in all of Carrefour’s geographies. As the leader in home delivery in France, Carrefour is capturing this new trend and is exploring with Cajoo all value-creating strategic opportunities on this new high-growth segment," Elodie Perthuisot, Carrefour Executive Director of E-Commerce, Data and Digital Transformation.