Instacart Buys Grocery Tech Firm Instaleap in International Push

Instacart has acquired the Colombian grocery technology firm Instaleap, part of a broader effort to expand its business outside the US.

Bogota-based Instaleap offers specialized technology and fulfillment services to almost 100 grocery retailers in nearly 30 countries in Latin America, Europe and the Middle East, Instacart said in a statement Tuesday. Financial terms of the transaction were not disclosed.