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Delivery Startup GoPuff Buys California Liquor Chain

By
Cory Weinberg
· · Source: TechCrunch

GoPuff, a SoftBank-backed delivery startup that delivers convenience store items, said Thursday it purchased California liquor store chain BevMo. The move represents another foray from a SoftBank-backed startup into brick-and-mortar real estate expansion, and could drive more competition with privately held Instacart and DoorDash. GoPuff will pay $350 million in an for private equity-backed...

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