Wednesday 17 January 2018
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1 months ago

Target Buying Its Own Delivery Service

(RTTNews) - Retail giant Target is buying Alabama-based delivery startup Shipt in a $550 million all-cash transaction. Retail giant Target Corp. (TGT) Wednesday said it has agreed to acquire Shipt Inc., a Alabama-based online same-day delivery startup for $550 million in cash. Target will leverage its network of stores and Shipt s proprietary...

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