Kavall: Stockholm-based online grocery store Mathem acquires homegrown competitor Kavall: Know more

Stockholm-based Mathem, an online grocery store, announced on Thursday that it has officially acquired 100 per cent shares in Kavall, a homegrown competitor that promises to deliver groceries in ten minutes. The financial details of the transaction have not been disclosed. With this acquisition, the company continues to drive consolidation of the food delivery market, [...]