NEW YORK — FreshDirect, New York’s premier online grocer, through an affiliate, has secured a $100 million commercial mortgage loan from UBS. This financing strengthens the company’s capital position and supports growth initiatives.
The financing will fund investments in technology, AI-powered capabilities, and operations to improve customer experience and efficiency.
“This capital will help us accelerate innovation and invest in the infrastructure supporting our next phase of growth,” said a FreshDirect spokesperson.
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