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EMARKETER

Grabango shuts down as rest of cashierless tech industry goes full-steam ahead

Article by Grace Broadbent  |  Oct 11, 2024
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Grabango shuts down as rest of cashierless tech industry goes full-steam ahead
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The news: Grabango will shut down its operations after failing to secure enough funding, per CNBC.

  • Grabango launched in 2016, and its cashierless technology had been positioned as a rival against Amazon’s Just Walk Out.
  • Grabango boasted tie-ups with grocery stores like Aldi and convenience stores like 7-Eleven and Circle K.

The bigger picture: Despite Grabango’s closure, the rest of the cashierless tech industry is still chugging along.

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