Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. The partnership will see Meituan provide delivery service for Walmart products and begin featuring the retail giant on its popular app, Reuters reported Tuesday (Dec. 17), citing a WeChat post by Walmart’s China unit. That post...
Walmart’s Mexican business unit, Walmart de México y Centroamérica (Walmex), said a decision by Mexico’s antitrust authority will not affect its business. The company also said in a Friday (Dec. 13) press release that it will challenge the Comisíon Federal de Competencia Económica’s (COFECE) Thursday...
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into the “quick commerce” sector, which is expected to surpass $6 billion in annual sales this...
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart. The round, which has not closed, would value One at $2.5 billion before the new money is raised, Bloomberg...
December 19, 2024
It seems as if consumers can buy just about anything from Amazon. Now, you can add cars to that list. Can Amazon Autos become a go-to destination for car buyers, providing Amazon with a competitive edge in an area where Walmart has yet to establish a strong presence? While Walmart does sell and even buy […]
December 13, 2024
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into...
December 06, 2024
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party...
November 29, 2024
This Thanksgiving, football fans won’t just be watching the game — they’ll be shopping it. NBC announced that during its NFL coverage, viewers can scan an on-screen QR code to...
December 17, 2024
Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. The partnership will see Meituan provide delivery service for Walmart products and begin featuring the retail giant on its popular app, Reuters reported Tuesday (Dec. 17), citing a WeChat post by Walmart’s China unit. That post added that the collaboration will help Walmart bolster its eCommerce […]
December 16, 2024
Walmart’s Mexican business unit, Walmart de México y Centroamérica (Walmex), said a decision by Mexico’s antitrust authority will not affect its business. The company also said in a Friday (Dec....
December 12, 2024
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart. The round, which has...
December 04, 2024
Walmart says its third-party sellers enjoyed record sales as the holiday shopping season began. The company’s Marketplace saw its highest-ever sales day and also set a single-day conversion rate record...
