Instacart, the fast-growing online grocery delivery start-up that can get groceries to your doorstep within an hour, is growing some more. The three-year-old company just announced it has raised $220m in a funding round led by the venture capital firm Kleiner Perkins Caufield & Byers.
U.S. retail and consumer merger & acquisition activity during the first quarter of 2014 was primarily driven by five multibillion-dollar transactions, with more than half aligned to the food and beverage sector, confirming a positive deals outlook for the year, according to PwC's U.S. retail and consumer deals insights Q1 2014 report.