Instacart to Acquire Retail Tech Platform to Fuel International Expansion

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The deal for Instacart to acquire Instaleap will give Instacart a grocery-specific fulfillment solutions services platform.  It will also expand access to established retailer relationships outside of the United States, including with major grocers such as Cencosud in Latin America and Continente in Portugal.

Instacart said the acquisition is part of its efforts to advance its presence internationally and that it is seeing demand outside the U.S. for its enterprise offerings, which include its e-commerce, in-store, advertising and data technologies.