Grocery Near Me: Welcome to Power Maps from Tag The Flag where we zoom out to provide unique insights about our country and the world. These graphical representations are meant to help us make sense of our surroundings and visualize themes, trends, and topics in our borders and beyond.
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Amazon, with its online food delivery service Fresh, and other online vendors of “fast-moving consumer goods”, or FMCG, (the type you normally buy in supermarkets and drug stores) still have an awful long way to go if they are to make a meaningful dent in the market share still held by traditional bricks and mortar grocery stores Martin Armstrong of Statista writes.
Grocery Near Me: American Ambition
That being said, it doesn’t mean American upstarts and stalwarts aren’t trying to make up ground. Uber on Friday announced that it will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city according to Tech Crunch.
Grocery Near Me: grocery delivery is a natural place for Uber to expand its business, given the success of Uber Eats.
Why it matters: The on-demand grocery company was supposed to be acquired by Walmart in a deal valued at $225 million announced in September, but that deal ultimately fell apart in June when Mexican antitrust regulators blocked it from going through.
Big picture: Uber CEO Dara Khosrowshahi has said that grocery delivery is a natural place for the company to expand its business, given the success of Uber Eats. It’ll face competition from entrenched players, including Instacart and Postmates and is still subject to regulatory approval.
With all the big players like Amazon, Uber, and Walmart investing in the space, here is where most groceries are bought online as of now in different countries across the world.