Goodfood reaches record revenue of $100.7 million as online grocery market booms
MontrÃ©al-based online grocery and meal kit delivery company Goodfood has reported a record quarterly revenue of $100.7 million. Goodfood offers an online grocery service in Canada, aiming to deliver fresh meal solutions and grocery items for members from across Canada. In addition to reporting record-high revenue, Goodfood also reached a record cash position in the second quarter of $163 million. In terms of its offering, Goodfood has also expanded its services as of late. A further 81 percent indicated they expect to continue shopping online either the same amount or more once the immediate crisis is over.