A company tapping into consumers’ growing desire for healthier food and organic products, Thrive Market is today bringing its online grocery store to Android users with the launch of a dedicated mobile application. The new app will allow users to shop for natural and organic products right from their phone, including its more recently launched private label items.
Described as a cross between Whole Foods and Costco, Thrive Market’s business has been booming this year. To give you an idea of its traction, the company now claims to have more than 200,000 paying members. It also hit a $100 million run-rate in early February, after just 14 months into its business, and it reached nearly $10 million in sales last month. (The startup is not yet profitable, however.)
The business has grown from 14 employees in November 2014 to nearly 400 today. And it has two fulfillment centers — one in Commerce, California and another in Batesville, Indiana. This allows it to guarantee two-day shipping to more than 85 percent of the U.S., the company claims.
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