Alibaba is further expanding its presence in the U.S. retail market with its plans to invest about $80 million in grocery shopping app Boxed Wholesale. The two-year-old company, which was founded by CEO Chieh Huang, works on a business model that can be called an...
April 28, 2017
Boxed, the eCommerce startup that sells mainly household goods, has spent tens of millions of dollars on a new automation system that the company is hoping will keep costs down. According to a report in Bloomberg News, the new automation system will triple the output of its warehouse in Union, New Jersey, without the need for […]
November 09, 2015
Alibaba is further expanding its presence in the U.S. retail market with its plans to invest about $80 million in grocery shopping app Boxed Wholesale. The two-year-old company, which was...