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Ahold Delhaize Bolsters Investment In eCommerce

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As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported.

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Payment Co. Nexi’s IPO Raises $2.3B

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The offers also included a capital increase of 700 million euros. Investors in the company include Bain Capital, Clessidra SGR and Advent International, who will all free float 35.6 billion euros, and the proceeds from the capital increase are going toward reducing that. The company’s debt stands at 1.7 billion euros.

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Rideshare Firm Bolt Begins Food Delivery In Estonia

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Ride-hailing service Bolt , which used to be called Taxify and is an Uber competitor, has started delivering food in Estonia, where the company originated, according to a report by Bloomberg. In Estonia, Bolt Food will deliver from around 80 restaurants in Tallinn, the capital of the Eastern European country.

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