HelloFresh opens warehouse in the Bay Area
Different to other Rocket Internet ventures, food delivery service Hello Fresh operates in the US. Besides a storage warehouse near New York City, a new one will open in the Bay Area soon. The 109,594-square-foot freezer storage warehouse is in Richmond, California. 50 people will be re-located and 50 new employees will start “soon”. An exact date was not shared.
[exitingcommerce] (German), [San Francisco Business Times]
Yahoo quietly acquired Media Group One
TechCrunch claims to have found out that Yahoo acquired Munich-based Media Group One for $23 million. The deal was mentioned late last year, but details were never shared. Media Group One sells and syndicates advertisement, but also organizes content from them into three German magazines. Another devision is SnackTV, a video network.