Bed Bath & Beyond Expands Partnership with $3 Million Investment in GrainChain to Boost Supply Chain Efficiency
Reuters
Sep 15
Bed Bath & Beyond Expands Partnership with $3 Million Investment in GrainChain to Boost Supply Chain Efficiency
Bed Bath & Beyond Inc. has announced an expansion of its partnership with GrainChain, a prominent agricultural technology and fintech company, by investing an additional $3 million in convertible notes. This move highlights Bed Bath & Beyond's confidence in GrainChain's potential to transform supply chains globally. The company is also leveraging GrainChain's expertise to analyze and enhance its own supply chain efficiency, covering aspects from international sourcing to last-mile delivery. This collaboration reflects Bed Bath & Beyond's commitment to improving operational efficiency and exploring the broader applications of GrainChain's technology beyond agriculture.
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