PARIS (Reuters) – Carrefour, Europe’s largest meals retailer, is becoming a member of forces with enterprise capital agency Daphni to invest in digital retail startups as a part of a worldwide plan to step up e-commerce enlargement over the following 4 years, it stated on Monday.
Their new enterprise capital fund, Dastore, will initially invest 80 million euros ($88 million) by taking minority stakes in high-potential rising startups in France and globally to permit Carrefour “to keep shut to improvements and rising applied sciences”, the assertion stated.
Last November Carrefour pledged to spend 3 billion euros between 2022 and 2026 to step up digital enlargement, one of many pillars of the group’s technique to keep forward of Amazon on grocery deliveries and speed up its persevering with turnaround.
($1 = 0.9071 euros)
(Reporting by Dominique Vidalon; Editing by David Goodman)
