Tuesday, March 7, 2017

GeoPost acquires delivery startup Stuart

GeoPost, the international subsidiary of the French Groupe La Poste, has acquired “last-mile” delivery startup Stuart.

Terms of the deal remain undisclosed, though it should be noted that GeoPost already held a 22 per cent stake in the French startup, having led its €22 million Series A round in late 2015 before the company had even launched.

Founded the same year by Clement Benoit (who previously founded restaurant delivery service Resto-In), and Benjamin Chemla (co-founder and previously CEO of Citycake.fr, which Resto-In acquired in late 2014), Stuart set out to disrupt last-mile logistics with better technology and a fleet of



source http://www.omnipopmag.com/2017/03/07/geopost-acquires-delivery-startup-stuart/

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