Pires Investments - Buymie partners with Dunnes Stores
Pires Investments plc
("Pires" or the "Company")
Buymie partners with Dunnes Stores for same-day grocery delivery
Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to provide an update on its investment in Sure Valley Ventures ("SVV") in relation to Buymie,
Buymie has announced a new partnership with Dunnes Stores,
To access the delivery service, customers can download the Buymie mobile app and, once registered, can select to shop for groceries within the Dunnes online grocery store. All customers have access to their own personal shopper who will let them know if items are out of stock and offer alternatives. Customers can also add a request for shoppers to look for items that they can't find themselves on the app.
Online grocery sales have surged during the pandemic and are still rising despite the easing of lockdown restrictions. Sales grew by 121.7 per cent over the four weeks ending
Pires has a circa 13% interest in SVV. SVV is a venture capital fund focused on investing in the software technology sector with a specific focus on artificial intelligence, the internet of things and immersive technologies.
"We are delighted to note Buymie's partnership with Dunnes Stores, one of
"With partnerships already secured with Lidl Ireland and the Co-Op, and with the rapid increase in demand for online, same-day grocery delivery as a result of the COVID-19 pandemic, we believe that Buymie is well-positioned to cater for this growing market across the
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Notes to Editors
About Pires Investments plc
Pires Investments plc (AIM: PIRI) is an investment company providing investors with access to a portfolio of next generation technology businesses with significant growth potential.
The Company is building an investment portfolio of high-tech businesses across areas such as Artificial Intelligence ("AI"), Internet of Things ("IoT"), Cyber Security, Machine Learning, Immersive Technologies and Big Data, which the Board believes demonstrate evidence of traction and the potential for exponential growth, due to increasing global demand for development in these sectors.
For further information, visit: https://piresinvestments.com/.
Buymie, headquartered in
Further details about Buymie can be found at www.buymie.com.
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