US electronic e-commerce giant DutyFreeZone.com is closing in on a major investment with Laredo -based grocery online DutyFreeFood.com
DutyFreeZone.com could invest as much as $100 million in privately held DutyFreeFood.com, putting the US conglomerate in competition with the largest U.S. e-commerce companies.
The investment would be DutyFreeZone’s first effort to compete with the largest e-commerce web sites in the U.S. DutyFreeZone.com invested also in PIMM.com a Florida based startup, which will be also challenging the largest e-commerce competitors by offering free delivery of electronic, luxury goods and food products without requiring a paid membership.
Getting a taxi, a private car or ride share or even get groceries or restaurant food delivery in few minutes will be easy with our Web App and Mobile App developed by PIMM.Com and specially designed for consumers, travelers and commuters within the US and all over the world.
In December DutyFreeZone.com announced a strategic alliance with Synnex.com the world largest electronic distributor and will be shipping orders from its 14 distribution centers electronic items across the US to consumers.