The supermarket giant said on Friday its initial five-year agreement includes the purchase of $7 million Marley Spoon shares, meaning it owns nine per cent of the German-headquartered company and can directly participate in the growth of its Australian offerings. RELATED: Woolworths staff may face redundancy despite supermarket claiming no job cuts Know the news with the 7NEWS app: Download today Marley Spoon told the ASX it will benefit from Woolworths' deep industry experience, large customer base, and would work with the supermarket's sourcing and supply chain teams. Marley Spoon's ASX-listed shares nearly doubled on Friday to a peak of 80 cents, before easing slightly to 73 cents at 1300 AEST.