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Saturday, December 5, 2020
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Tag: retail

PayPal to acquire shopping and rewards platform Honey for $4B

PayPal announced today it has agreed to acquire Honey Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion,...

Wayfair’s app adds 3D visualization tools, including interactive photos & a room planner

Home furnishing retailer Wayfair was among the first to adopt AR technology as a means of helping people better visual furniture and accessories in...

Walgreens partners with FedEx to accept online returns, print labels

FedEx and Walgreens are partnering to make online returns more convenient, in a move that’s part of a growing trend where brick-and-mortar retailers cater...

Walmart launches two new credit cards offering 5% back on digital purchases

Walmart is partnering with Capital One to launch a new credit card program, which rolls on September 24, and includes both co-branded and private-label...

Instacart CFO Ravi Gupta to exit for Sequoia Capital

Instacart‘s chief financial officer and chief operating officer, Ravi Gupta, will exit the on-demand grocery delivery company at the end of the year to...

Ron Johnson’s e-commerce startup Enjoy raises $150M, expands in UK

Enjoy, the e-commerce startup led by former Apple VP of retail operations, Ron Johnson, has raised an additional $150 million in Series C funding...

Amazon is acquiring a 49% stake in India’s Future Coupons

Amazon, which has invested more than $6 billion in India’s growing internet market, just invested a little more as it moves to expand its...

Indonesia’s Kopi Kenangan raises a sweet $20M to expand its coffee business

Kopi Kenangan, a startup that wants to make quality, fresh coffee affordable to Indonesian consumers, has raised $20 million as it begins to consider...

Carrefour sale shifts the balance of power in China’s new retail battle

Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach...

Walmart announces it will fully integrate Jet’s teams, but Jet will remain a standalone brand

Three years after acquiring Jet for $3 billion, Walmart announced today that it is now more fully integrating Jet’s teams into Walmart. Jet will...
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Highway is the new home for farmers

Tents pitched on tractors, people busy chopping vegetables to get food ready, solar panels to charge mobile phones, medical camps and even hookahs --...

Britain gives the go-ahead to Pfizer and BioNtech vaccine for Covid -19, starts vaccination soon; India loses out on the same as no trials...

The world has been in the grip of Coronavirus, and since its outbreak in December 2019, in Wuhan, China, much has changed worldwide. By January...

Modi government warns Justin Trudeau, Canada from refraining from commenting on its internal matters; on the former’s comment on Farmers protest in the country

The Indian government has warned Justin Trudeau, Canada, from refraining from any personal comments on farmers' protests in the country. The Modi government seems to...

China switches on its ‘Artificial Sun’ in its quest for nuclear fusion energy

When it comes to China, no feat is unachievable; it just turned on its artificial sun. China successfully powered its nuclear fusion reactor for...