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Uber to become the sole owner of grocery delivery startup Cornershop

Uber to become the sole owner of grocery delivery startup Cornershop

TechCrunch Startup News · TechCrunch

June 22, 20213m 43s

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Show Notes

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares.

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