Safeway invests in

Summary:Safeway Inc. has invested $30 million in GroceryWorks.

Safeway Inc. has invested $30 million in, a Dallas-based online grocer. GroceryWorks will become the exclusive online grocery channel for Safeway, which will supply product to GroceryWorks. A subsidiary of Safeway will also receive stock equivalent to 50 percent of GroceryWorks. -- Margaret Kane, ZDNet News

Topics: Tech Industry

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.