Irish delivery start-up raises €2.2m in funding and extends partnership with Lidl

Wassim El Attar
Supply Chain Analyst
@Supplychain_IGD

Date : 28 April 2020

Irish delivery start-up Buymie has raised €2.2m from different investors to expand its operation. The start-up has also extended its trial partnership with Lidl by signing a new multi-year partnership agreement with the German discounter.

Increasing demand for Buymie’s services

Buymie currently has operations across Dublin, Maynooth, Celbridge, Leixlip, Bray and Greystones, whilst demand for its services has increased as shoppers are more likely to order groceries online amid the Coronavirus (COVID-19) pandemic.

How does it work?

Essentially, Buymie’s app connects customers with hundreds of independent personal shoppers who pick orders from Lidl stores and deliver them directly to consumers’ homes within one hour (for a higher service delivery fee). It is important to note that Buymie delivers orders from Tesco stores as well.

Source: Lidl Ireland

Reactions

Devan Hughes, CEO and co-founder of Buymie, commented: “The timing couldn’t be better given the current challenges faced by consumers in Ireland and worldwide with Covid-19. I feel that it is down to emerging indigenous businesses like ours to play a key role in shaping the Irish economy to prepare it for the way the world will work and how people will shop post Covid.” He also noted that, thanks to the new funding, the company will be able to increase revenues by 500 per cent by the end of the year, compared to last year’s figure.

Meanwhile, Alan Stewart, head of ecommerce at Lidl Ireland, said: “The ability to offer our increasing customer base more flexibility in how they shop has been warmly received by thousands of customers in Dublin and the surrounding areas.”

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