Weee Buys Asian Food Delivery Firm Ricepo

<p><span class&equals;"xn-location"><strong>FREMONT<&sol;strong> <&sol;span>&&num;8212&semi; Weee&excl;&comma; the largest and fastest-growing ethnic e-grocer in <span class&equals;"xn-location">North America<&sol;span>&comma; announced the acquisition of RICEPO&comma; an online Asian food delivery company based in Silicon Valley&period; The move will bolster Weee&excl;&&num;8217&semi;s growing demands of customers nationwide seeking diverse and authentic food-at-home options&comma; from groceries to restaurant meals&period;<&sol;p>&NewLine;<p>Terms of the deal weren&&num;8217&semi;t disclosed&period;<&sol;p>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>Weee&excl; continues to scale to meet increased consumer interest in its unique online grocery and restaurant delivery service&semi; one that combines the availability of high-quality and hard-to-find products with community and social sharing&period; With the RICEPO acquisition&comma; Weee&excl; will immediately expand its restaurant delivery offering&comma; bringing another dimension of ethnic food delivery to its customers&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>&&num;8220&semi;We are excited to welcome RICEPO into our growing operations&comma;&&num;8221&semi; said <span class&equals;"xn-person">Larry Liu<&sol;span>&comma; chief executive officer and founder of Weee&excl;&period; &&num;8220&semi;Weee&excl; currently partners with over 300 restaurants&comma; and the addition of RICEPO will let us continue to delight and serve our growing customer base as a one-stop shop for delicious food at home&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;RICEPO will complement Weee&excl;&&num;8217&semi;s proven ability to deliver fresh grocery products as well as locally prepared food&comma;&&num;8221&semi; said <span class&equals;"xn-person">Dax Li<&sol;span>&comma; chief executive officer and co-founder of RICEPO&period; &&num;8220&semi;There is a clear appetite for delivery from authentic restaurants that are often missing or overlooked within the existing food delivery experience&comma; and we look forward to fulfilling this need throughout <span class&equals;"xn-location">North America<&sol;span>&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Weee&excl; has fulfilled more than 10 million orders to date as it continues to engage the broader Asian and Hispanic communities with state-of-the-art personalization and social commerce features&period; Weee&excl; merchandise includes rare and often exclusive products such as fresh Pacific black cod from <span class&equals;"xn-location">Half Moon Bay<&sol;span>&comma; Kyoho grapes&comma; and air-flown <span class&equals;"xn-location">Hokkaido<&sol;span> uni&period;<&sol;p>&NewLine;<&sol;div>&NewLine;

Editor

Game Developer Ares Interactive Rakes In $70 Million

SAN FRANCISCO -- Ares Interactive, a game developer and publisher, has scored a $70 million Series…

7 hours

Doordash Adds Berkeley Bowl Grocery Stores

DoorDash is expanding its grocery selection across the U.S. with five new partners including: Berkeley…

7 hours

Midi Health Valued at $1 Billion With $100 Million Round

PALO ALTO -- Midi Health, a women’s telehealth company, has raised $100 million in a…

10 hours

PG&E Prepares for Super Bowl Sunday

OAKLAND -- Pacific Gas and Electric Company (PG&E) has been working behind the scenes to…

15 hours

Jon Hamm Show on Apple TV+ Renewed for Third Season

Ahead of the season two debut of “Your Friends & Neighbors,” Apple TV announced that…

15 hours

Gruve Secures $50 Million Follow-on Series A Financing

REDWOOD CITY – Gruve, a provider of AI services and infrastructure, announced the availability of…

16 hours