Tech Company M&A Transactions
Cornershop Acquisition
Cornershop, operating out of San Francisco, was acquired by Walmart. Walmart said the transaction price was $225 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/14/2018
Transaction Type
M&A
Amount
$225,000,000
M&A Terms
Cornershop will remain an open platform that will continue to deliver from a variety of retailers, extending the convenience and availability of food, health & wellness and packaged goods for customers in Mexico and Chile.
Company Information
Company Status
Acquired or Merged
Industry
Consumer
Mailing Address
44 Tehama St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Cornershop is the leader in fast grocery delivery for Mexico and Chile. It has been operating its on-demand grocery delivery service since July 2015, in Mexico City and Santiago de Chile.
Management Team
Browse more venture capital transactions:
Prev: 9/14/2018: Bloom Credit venture capital transaction
Next: 9/14/2018: Conservis venture capital transaction
Share this article
Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs