Privately held online grocer Webvan Group is looking to go national in a major way. On Friday, Webvan announced a deal with construction firm Bechtel that greatly ups the ante for online sales of groceries. The deal, which is expected to exceed $1 billion (US$), will result in Webvan distribution centers being built by Bechtel in 26 new markets over the next 24 months.
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Webvan Group Commits $1 Billion To Online Grocery Expansion
Posted by: Andy Wang & James Hollander July 12, 1999 12:00 AMPrivately held online grocer Webvan Group is looking to go national in a major way. On Friday, Webvan announced a deal with construction firm Bechtel that greatly ups the ante for online sales of groceries. The deal, which is expected to exceed $1 billion (US$), will result in Webvan distribution centers being built by Bechtel in 26 new markets over the next 24 months.