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Food-delivery startup Wonder Group gets $100 million investment from Nestle - TL;DR CNBC

Food-delivery startup Wonder Group gets $100 million investment from Nestle

Publishing timestamp: 2023-11-07 12:38:18


Summary

Food-delivery startup Wonder Group has received a $100 million investment from Nestle. The two companies plan to sell high-tech kitchen equipment and food to businesses such as hotels, hospitals, and sports arenas. Wonder recently acquired meal-kit company Blue Apron for $103 million. The funding from Nestle will help Wonder achieve its goal of making high-quality meals more accessible and affordable for busy families.


Sentiment: POSITIVE

Tickers: AMZN,  UBER,  APRN,  CMG,  DASH,  KR,  WMT,  NES.N-CH,  SG, 

Keywords: food and drink,  uber technologies inc,  retail industry,  amazon.com inc,  doordash inc,  breaking news: business,  chipotle mexican grill inc,  kroger co,  walmart inc,  blue apron holdings inc,  business news,  sweetgreen inc,  nestle sa,  restaurants,  business, 

Source: https://www.cnbc.com/2023/11/07/wonder-group-food-delivery-startup-gets-100-million-nestle-investment.html


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