Cornershop news and trends

Today In Payments Around The World: Chase, Air Canada, Mastercard Team On Credit Card; Mexican...
International // December 14, 2020

In today’s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airline’s Aeroplan credit card in the U.S., while Mexico antitrust regulator Cofece has reportedly given the go-ahead to the acquisition of Cornershop by Uber....

Mexican Regulator Gives Go-Ahead For Uber’s Cornershop Acquisition 
Acquiring // December 14, 2020

Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. 14). Restaurant food delivery has been Uber’s revenue driver for two consecutive quarters as the COVID-19 pandemic has changed the way people shop, learn...

Instacart Sues Uber-Owned Cornershop
Legal // July 16, 2020

Instacart has filed a lawsuit against grocery delivery company Cornershop, which was recently acquired by Uber, alleging the company used images from Instacart’s product catalog when it opened in the U.S., Axios reported. Cornershop, a Latin American delivery service, was bought by Uber last year,...

Uber Boosts Global Grocery Delivery With Cornershop Deal
Delivery // July 07, 2020

With the demand for touchless services on the rise around the globe in the COVID-19 era, San Francisco-based Uber Technologies is launching a grocery delivery service serving select Latin American and Canadian cities. The company is teaming up with Cornershop, a grocery delivery startup based...

Quick Reads
Uber Becomes Sole Owner Of Grocery Startup Cornershop

June 21, 2021
Uber has reached an agreement with the owner of Cornershop to become the Chilean grocery delivery startup’s sole owner. The company — which acquired a majority stake in Cornershop last year — said in an SEC filing on Friday (June 18) that it was acquiring roughly 47 percent interest from the minority shareholders in exchange […]

Mexican Regulator Gives Go-Ahead For Uber’s Cornershop Acquisition 

December 14, 2020
Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. 14). Restaurant food delivery has been Uber’s revenue driver...

Instacart Sues Uber-Owned Cornershop

July 16, 2020
Instacart has filed a lawsuit against grocery delivery company Cornershop, which was recently acquired by Uber, alleging the company used images from Instacart’s product catalog when it opened in the...

Uber Boosts Global Grocery Delivery With Cornershop Deal

July 07, 2020
With the demand for touchless services on the rise around the globe in the COVID-19 era, San Francisco-based Uber Technologies is launching a grocery delivery service serving select Latin American...