Deals
Instacart Acquires Coupon and Voice-Shopping Startup Unata
- Unata is developing voice-ordering software for grocery chains
- Deal will help Instacart expand to more markets in Canada
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Instacart Inc. said it agreed to acquire Toronto-based startup Unata Inc., giving the grocery-delivery company new kinds of e-commerce tools and a path to expand in Canada.
The deal totals about $65 million, according to two people familiar with the matter, and signals where Instacart is headed in its battle with Amazon.com Inc. Unata specializes in making and tracking digital coupons and circulars. The company is also developing a voice-activated tool to allow customers to purchase goods online from midsize retailers using devices like Google Home.