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Square acquires restaurant delivery service Caviar for estimated $90M

08/04, 6:11pm

Caviar purchase fills out Square restaurant service range

Payment processing service Square has acquired a food delivery service. The purchase, estimated to be worth around $90 million in stock, sees Square take control of Caviar, a start-up delivery firm which allows restaurants and other food-related establishments to offer deliveries of orders to customers, even if the business does not typically offer any delivery service at all.

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