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Alibaba’s Singles’ Day sales top $38 billion

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After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales...

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

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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...

Walmart Grocery is expanding its $98 per year ‘Delivery Unlimited’ subscription...

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Walmart is expanding its brand-new “Delivery Unlimited” grocery delivery membership program to more stores across the U.S., with plans to reach over 50% of...

Flipkart’s wholesale arm receives Rs 1,616 Cr from parent

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The wholesale arm of Flipkart received a fresh infusion of Rs 1,616 crore from its Singapore based parent entity – Flipkart Private limited, documents...

Uber has surveyed some drivers on small loans, suggesting financial products...

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Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating...

Urbvan raises $9 million for its private shuttle service in Mexico

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As cities in emerging markets grapple with increasingly traffic-clogged and dangerous streets, Urbvan, a startup providing private, high-end transportation shuttles in Mexico, has raised...

Walmart Canada rolls out nationwide grocery delivery through Instacart

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Walmart’s relationship with Instacart deepened today with an expansion of their partnership across Canada for grocery delivery. Walmart Canada had previously run a 17-store...

Walmart tops US online grocery market, with 62% more customers than...

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Walmart is dominating the U.S. online grocery market, according to new research out this week from the analysts at Second Measure. The nationwide retailer...

India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M

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Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and...

EBay picks 5.5% stake in India’s Paytm Mall

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EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint...