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-0.000225174510245555 -0.000225174510245555 0.00197027696464757 -0.000675523530736346 0.00219545147489297 0.000731817158297655 -0.00920400810628248 -0.010470614726413
Stock impact report

Choco gobbles up $30.2M at a $250M+ valuation, tweaks restaurant supplier ordering platform to sell to consumers during pandemic [TechCrunch Blog]

Meta Platforms, Inc. - Class A (FB) 
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Company Research Source: TechCrunch Blog
Food-related and delivery tech businesses have been seeing a huge wave of customer demand in the last few weeks as people on lockdown turn to them to buy necessary supplies (see also: the big funding round formeal kit delivery service GoustoAnd that’s having a subsequent impact in turn on those who supply restaurants, which are also finding out that they need to reconsider and adapt what they do, too. Today, a Berlin-based startup calledChocoHe added that the startup plans to use the funds to continue building out its technology and customer base, as well as to adapt to the current market with more initiatives to help its customers stay in business (more on that below) across the 17 markets where it operates, which include Germany, France, Spain, the Netherlands, Austria, Belgium, Brazil, and the United States.The funding is notable not just because of the big names of the backers. Coatue is a prolific investor that has put money into the the biggest startups of our time, including Ub Show less Read more
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