Spanish ride-hailing app Cabify bets on grocery delivery amid e-commerce boom

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MADRID : Spanish ride-hailing app Cabify will allow users to order groceries direct to their homes in nine cities including Barcelona and Madrid via a partnership with online supermarket delivery firm Lola Market, the companies said on Wednesday.A new crop of startups across Europe seeks to consolidate ma

MADRID : Spanish ride-hailing app Cabify will allow users to order groceries direct to their homes in nine cities including Barcelona and Madrid via a partnership with online supermarket delivery firm Lola Market, the companies said on Wednesday.

Cabify, which also offers e-scooter hire and electric moped rental, did not provide financial projections for the new venture but said it would help avoid unnecessary trips, cut emissions and allow for a more efficient use of resources. By selecting the"Super" option in the app's menu, Cabify users will be able to request goods from supermarkets including Spanish chain Dia and the German and French multinationals Lidl and Carrefour, in a first for the multi-mobility company.

Madrid-based venture capital firm Seaya Ventures and Japanese online retailer Rakuten - also a lead investor in ride-hailing app Lyft - are Cabify's main investors, according to a source familiar with the company.

 

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