PARIS (Reuters) - Carrefour, Europe's largest food retailer, is joining forces with venture capital firm Daphni to invest in digital retail startups as part of a global plan to step up e-commerce expansion over the next four years, it said on Monday.
Their new venture capital fund, Dastore, will initially invest 80 million euros ($88 million) by taking minority stakes in high-potential emerging startups in France and globally to allow Carrefour "to stay close to innovations and emerging technologies", the statement said.