Target to acquire technology and assets of same-day delivery startup Deliv, which has raised a total of $80M in venture capital according to Crunchbase

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv

TechCrunch 2020-05-08

WILX-TV WILX-TV on x
Target doubles down on delivery
@nbcnews @nbcnews on x
Target is in talks to boost its same-day delivery options by buying technology assets of the startup Deliv, the startup says https://www.nbcnews.com/...
@cmroberson06 Cathy Roberson on x
Whoa. Target just jumped up there in last-mile offerings... Target in process of acquiring tech assets from Deliv. Target characterizing deal as more a R&D type of acquisition & not one that will have an immediate consumer-facing impact. https://techcrunch.com/... via @TechCrunch
@sarahintampa Sarah Perez on x
Target to acquire Deliv's same-day delivery tech https://techcrunch.com/... by @meganrosedickey and @sarahintampa
@pareekhjain Pareekh Jain on x
Two retail news today, 1. Neiman Marcus filed for bankruptcy 2. An R&D type of acquisition by Target for technology assets from same-day delivery service Deliv. Message is clear for large retailers. Become a technology company or...https://www.linkedin.com/ ... https://techcrunch…
@sallyshin Sally Shin on x
SCOOP from @ahiza_garcia: startup Deliv, which was reported to be shutting down, is actually selling parts to Target as the retailer looks to bolster same day delivery Company was worth $190 million in 2018. Assume price tag was fraction of that @NBCNews https://www.nbcnews.com/.…

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