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Delivery Service Gets Financing Deal; For GoPuff, a billion-dollar game plan.

Jan 21, 2020 - Philadelphia Inquirer

ABSTRACT

For GoPuff, a billion-dollar game plan.

GoBrands, the Center City-based delivery company that wants its GoPuff warehouse and delivery service to replace student runs to Wawa and beer stores, has raised $750 million and a commitment of up to $250 million more, according to people close to the company.

The investment round was led by the Japanese-run, Saudi Arabia governmentfunded Softbank Vision Fund, the people said.

That kind of money would enable GoPuff ...