Leading on-demand grocery delivery firm Beelivery has acquired London-based sustainable delivery service Pinga, in a bid to expand their service into London.
Beelivery was launched in 2015 as the first rapid grocery service in the UK, providing rapid delivery of essential and emergency groceries to doorsteps, with 21% of orders delivered in under 25 minutes.
Beelivery connects independent drivers with customers from all over the UK who need last-minute groceries or are keen to top-up their cupboards.
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Beelivery is set to acquire over 5,000 customers, in addition to 600 drivers and couriers using sustainable vehicles from the Pinga acquisition.
This will allow them to further extend their already sizable lead in grocery, late night alcohol, and convenience deliveries across London.
A nearby driver then personally shops on behalf of the customer and delivers the requested items to their home, on-demand, in as little as 15 minutes, 24 hours a day, 7 days a week.
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Beelivery’s chief executive and co-founder Yazan Bin Mohamed in response to the news, added: “This acquisition enables Beelivery to leverage the driver capacity and loyal customers of Pinga in Central London and extend our lead in this competitive market.
“The company is now exploring further M&A deals, and in particular we are now open towards further strategic alignment with our closest competitors. We are open towards mergers or strategic acquisition in the UK or Worldwide while we are raising our 25 GBP million round. ”
Beelivery is the only company operating across 90% of all available postcodes in the UK and offer their delivery services 24/7, every day of the year.
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