From the ashes of Webvan, Amazon builds a grocery business

A worker walks past Amazon Fresh delivery vans parked at an Amazon Fresh warehouse in InglewoodBy Alistair Barr SAN FRANCISCO (Reuters) – The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001. Twelve years later, though, Webvan is rising from the dead – in the form of an online grocery business called AmazonFresh. Four key Amazon. …

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From the ashes of Webvan, Amazon builds a grocery business

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