Dutch online grocer Picnic raises $388 million from investors, Gates Foundation


FILE PHOTO: Electric vans of the Dutch online grocery shop are parked at the distribution centre, in Amsterdam, Netherlands August 14, 2018. Picture taken August 14, 2018. REUTERS/Eva Plevier/File Photo

AMSTERDAM (Reuters) - Dutch online grocery store Picnic has raised 355 million euros ($388.02 million) from its investors and plans to further expand in France and Germany, it said in a statement on Tuesday.

The company has already opened distribution centres in Hamburg and Berlin in Germany, and in Paris, France.

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