Marc Lore news and trends

Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?

March 25, 2024
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
Investments // March 19, 2024

Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder, chairman and CEO of Wonder Group, announced the fundraise in a Tuesday (March 19) post on LinkedIn. Wonder allows customers...

Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
Acquisitions // September 29, 2023

As competition for consumers’ meal delivery spend heats up across businesses ranging from direct-to-consumer (D2C) sites and major food brands to restaurants and aggregators, Wonder is now set to acquire Blue Apron. The meal kit company announced Friday (Sept. 29) that it has entered into...

Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
Acquisitions // September 29, 2023

Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining and food delivery. The acquisition aims to create a leading platform for mealtime experiences, focusing on both meal kits and...

Taylor Swift Jam Puts Ticketmaster on Defense as Jump and Others Make Moves in Ticketing
Ecosystems // March 21, 2023

A Taylor Swift ticketing dustup late last year has put an unwelcome spotlight on the event ticketing sector at a time when changes are coming to an industry that’s effectively been dominated by one name for over a decade. Think about this: In January, The...

Quick Reads
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million

March 19, 2024
Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder, chairman and CEO of Wonder Group, announced the fundraise in a Tuesday (March 19) post on LinkedIn. Wonder allows customers to order from 30 restaurants and have the meals brought […]

Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’

September 29, 2023
Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining and food delivery. The acquisition...

Marc Lore Denies Rumors He’s Leaving Walmart

February 22, 2018
With rumors swirling that CEO and President of Walmart eCommerce U.S. Marc Lore may be departing, the executive announced on Wednesday (Feb. 21) he is “absolutely not” leaving the firm, CNBC reported....

Robots On The Way To 50 Walmart Locations

October 27, 2017
Inventory replenishment robots are rolling out in 50 Walmart locations, according to a Thursday (Oct. 26) Reuters report. The goal is to stock product faster and save employees time when...