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Instacart Buys Online Local Grocery Startup in Deal Spree

Instacart Inc. is acquiring Rosie Applications Inc., an online grocery startup focused on local retailers and wholesalers, as it moves to consolidate and expand its share of the online grocery delivery market ahead of an anticipated initial public offering this year. 

Rosie is Instacart’s second acquisition this month, following its purchase of pricing and promotions platform Eversight Inc. Terms of the transactions weren’t disclosed. Last year Instacart bought smart-cart startup Caper AI for $350 million.