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Instacart raises $600 million for grocery delivery expansion

(Bloomberg)—When Amazon.com Inc., No. 1 in the Internet Retailer 2018 Top 500, bought Whole Foods for $13.7 billion last year, anyone watching grocery-delivery upstart Instacart Inc. was just about ready to stick a fork in it. But the San Francisco-based startup maintained a more optimistic outlook. It said competition from Jeff Bezos’s e-commerce behemoth would actually help […]

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