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When an East Coast startup called Gopuff paid $350 million for BevMo in November 2020, it wasn't immediately clear what a tech company planned to do with California's biggest liquor chain.
It is a wholly-owned subsidiary of GoPuff, after GoPuff announced the acquisition of BevMo! on November 5, 2020. [7] Previously BevMo! was a privately held corporation based in Concord, California. The company was founded in January 1994 as Beverages & More! in the San Francisco Bay Area, and re-branded as "BevMo!" in January 2001.
SoftBank Vision Fund-backed GoPuff's $350-million acquisition of BevMo will give it an entry to the California market. BevMo acquired in $350-million deal as booze deliveries surge Skip to main ...
In November, Gopuff agreed to purchase BevMo! for $350 million. [27] The alcoholic beverage chain has 161 stores in California, Washington and Arizona. [28] [29] In March 2021, Gopuff announced that it had raised $1.15 billion in funding from investors including D1 Capital Partners, Fidelity Management and Research Company, and Luxor Capital.
Case in point, Gopuff today launched features aimed at eliminating some of the platform's biggest pain points, like the inability to schedule orders ahead or pick up orders from nearby stockrooms.
U.S. delivery startup Gopuff said on Friday it raised $1 billion in a funding round that included Guggenheim Investments, Hedosophia and SoftBank Vision Fund 1, valuing the company at around $15 ...
A fact from BevMo! appeared on Wikipedia's Main Page in the Did you know column on 14 March 2010 (check views). The text of the entry was as follows:
Shervin Pishevar was born in Tehran, Iran, the son of Abraham Pishevar, a television and radio executive, and Eshrat (Kordary) Pishevar.Abraham Pishevar moved to the United States after he was placed on Ayatollah Khomeini's execution list for broadcasting instructions on leaving Iran for foreign nationals.
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