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Deutsche Post Buys Stake in Online Grocery, Handelsblatt Says

Deutsche Post AG (DPW) is buying a stake in newly founded online grocery store “All you need,” Handelsblatt reported, citing an interview with Andrej Busch, head of its German DHL shipping unit.

Deutsche Post bought about a third of the shares in the Berlin-based online company, the newspaper said.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.

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