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576 Global meal kit delivery giant HelloFresh invests in Russian counterpart Chefmarket

East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 09/20/2021 06:32 EDT

Global meal kit delivery giant HelloFresh invests in Russian counterpart Chefmarket

HelloFresh, the Germany-based international meal kit giant, has acquired an “approximately 10% stake” in its Russian counterpart Chefmarket. The amount of this investment (a capital injection) was not disclosed, but the companies mentioned a “single-digit million euro figure” in their announcement last week.  The deal is touted as “a strategic step for HelloFresh to tap into an emerging market with significant growth potential,” … Global meal kit delivery giant HelloFresh invests in Russian counterpart Che

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