Carrefour Invests in Cajoo to Speed up Quick Commerce in France
28 Julho 2021 - 12:45PM
Business Wire
Regulatory News:
The Carrefour group (Paris:CA) announces today that it has
entered into exclusive negotiations in order to acquire a minority
stake in the startup Cajoo, the French specialist of everyday
grocery delivery in under 15 minutes.
Founded in February 2021, Cajoo is the pioneer on the French
quick commerce market. Only five months after its launch, it is
already operating in ten cities in France and has more than 100,000
users. Thanks to its network of dark stores and its teams of
salaried order pickers and delivery staff, Cajoo currently offers
delivery of nearly 2,000 food and non-food products in under 15
minutes, over extensive operating hours.
Carrefour itself is a leading company on the home delivery
market, pioneering in particular the express delivery segment (most
notably by offering its services on leading delivery platforms), as
well as e-commerce solutions for town centers, where it launched
and developed pedestrian pick-up points.
With this investment, Carrefour will pursue its ecommerce
ambitions while keeping pace with emerging consumer trends. The
investment will include an exclusive industrial partnership,
focused in particular on replenishment and operational logistics in
Cajoo's dark stores.
This round of funding will enable Cajoo to speed up its
development in France and Europe, while leveraging Carrefour's
operational expertise so it can optimise its model and expand its
services.
“Carrefour’s investment in Cajoo is a new milestone in the
Group's digital roadmap. Quick commerce is an underlying market
trend that emerged during lockdown and is now increasingly
established in consumers' habits, in all of Carrefour’s
geographies. As the leader in home delivery in France, Carrefour is
capturing this new trend and is exploring with Cajoo all
value-creating strategic opportunities on this new high-growth
segment", said Elodie Perthuisot, the Carrefour Group's Executive
Director of E-Commerce, Data and Digital Transformation.
“We are delighted with this structural partnership with
Carrefour, which will help us shore up our leadership position in
quick commerce in France and speed up our development in Europe.
Cajoo will be able to offer a completely new consumer experience
thanks to its agility and technology, bolstered by Carrefour's
logistics and operational expertise", said Henri Capoul, co-founder
and CEO of Cajoo.
About the Carrefour Group
With a multi-format network of over 13,000 stores in more than
30 countries, the Carrefour Group is one of the world's leading
food retailers. The Group recorded revenue of €78.6 billion in
2020. It has more than 320,000 employees who help to make Carrefour
the world leader in the food transition for everyone, providing
everybody with access to high-quality, affordable food every day,
no matter where they are.
For more information, visit www.carrefour.com, or find us on
Twitter (@GroupeCarrefour) and LinkedIn (Carrefour).
About Cajoo
Cajoo is the French on-demand shopping delivery app created in
2021 by Henri Capoul, Guillaume Luscan and Jérémy Gotteland.
Customers can purchase a wide range of everyday groceries at
attractive prices, and get them delivered in under 15 minutes.
Cajoo is currently available in ten cities in France: Paris,
Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Lyon,
Lille, Bordeaux, Toulouse, Montpellier, Nice.
The app is available for free from the App Store and from Google
Play.
Delivery fee: €1.95; free for orders of €40 and above.
For more information, visit www.cajoo.eu, or find us on Twitter
(@cajooapp), Instagram (@cajooapp), and Linkedin (Cajoo).
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version on businesswire.com: https://www.businesswire.com/news/home/20210728005743/en/
Press contacts Group Communications Tel.: +33 (0)1 58 47
88 80 presse_groupe@carrefour.com
Investor Relations Tel: +33 (0)1 64 50 79 81 Sébastien
Valentin, Anthony Guglielmo and Antoine Parison
investisseurs@carrefour.com
Shareholder Relations Tel.: 0 805 902 902 (toll-free in
France)
Press contact press@cajoo.eu
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