Announced
Completed
Financials
Tags
Single Bidder
Majority
Private
Domestic
Completed
Acquisition
e-commerce
Online and Social Platforms
United States
Friendly
Synopsis
Point Pickup, an enterprise-grade last-mile provider, completed the acquisition of GrocerKey, an e-commerce platform. Financial terms were not disclosed. "With almost 68m US households placing online orders this past May, retailers no longer want to give away last mile business to other consumer-facing platforms. We listened to our clients and now with the integration of GrocerKey's technology into our last-mile delivery platform, they can reclaim their brand and revenue while maintaining control of their eCommerce data and customer experience from start to finish," Tom Fiorita, Point Pickup Technologies Founder and CEO.
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