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Instacart Buys Grocery Tech Firm Instaleap in International Push

Dana Wollman
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Instacart has acquired the Colombian grocery technology firm Instaleap, part of a broader effort to expand its business outside the US.Bogota-based Instaleap offers specialized technology and fulfillment services to almost 100 grocery retailers in nearly 30 countries in Latin America, Europe and the Middle East, Instacart said in a statement Tuesday. Financial terms of the transaction were not disclosed.

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Source: Bloomberg Technology

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