Delivery Hero acquires InstaShop – A leading online grocery marketplace in MENA

Delivery Hero acquires InstaShop – A leading online grocery marketplace in MENA

InstaShop today announced that it has been acquired by Delivery Hero, this transaction marks the next step in Delivery Hero's quest to pioneer q-commerce - the next generation of e-commerce - by joining forces with one of the largest online grocery platforms in the Middle East and North Africa.John Tsioris, CEO & Founder of InstaShop, said: "The partnership with Delivery Hero is a great opportunity for us to continue to grow our business and put the group's expertise to use. I really enjoyed working with Delivery Hero on this deal and am thrilled to continue to further expand the reach and quality of our service at InstaShop. Delivery Hero is a network driven by ambitious founders and entrepreneurs just like ourselves, and we are proud to become part of this