Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Carrefour expands express grocery delivery partnership with Deliveroo

Published 06/04/2021, 14:11
Updated 06/04/2021, 14:16
© Reuters. A Deliveroo delivery rider cycles in London

PARIS (Reuters) - Europe's largest retailer Carrefour (PA:CARR) and Deliveroo said on Tuesday they were expanding to France their partnership to bring on-demand groceries in less than 30 minutes their customers' homes.

The service is already available in Belgium, Italy and Spain, Carrefour said in a statement.

Retailers have been increasingly teaming up with delivery firms to service stuck at home customers during lockdowns triggered by the coronavirus.

Last year, Carrefour struck a deal with Uber (NYSE:UBER) Eats for a home delivery partnership in France and in Belgium, also offering 30-minute home delivery.

The Carrefour-Deliveroo partnership is being launched in France this week, starting in Paris with plans for a rollout to 10 other top cities over the coming months.

Meanwhile the rollout is picking up speed in Belgium with the extension of the service to Antwerp in April and then in Ghent in May, following Brussels and Liège on March 5.

© Reuters. A Deliveroo delivery rider cycles in London

Italy has already rolled out the service to 50 major cities while in Spain Carrefour has been in a partnership with Deliveroo since spring 2020.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.