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Posts Tagged ‘walmart’

Walmart’s U.S. e-commerce sales up 43% in Q4, thanks to growing online grocery business

Walmart this morning posted strong holiday sales growth for its holiday quarter, with U.S. sales up 4.2 percent over the same time last year, and a 43 percent rise in Walmart’s U.S. e-commerce sales. The retailer topped analyst expectations, with $138.8 billion in revenue for the quarter, just ahead of the forecasted $138.76 billion; and ...

Flipkart co-founder Sachin Bansal invests $92M in Ola

The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc, an intelligence service that sifts through company ...

Walmart just launched a new line of furniture and decor called MoDRN it’s actually really nice

02.08.2019 · Posted in Technology Articles

Decorating a new place is super fun, but if paying for new furniture has you convincing yourself that you can live with that horrendous hand-me-down plaid couch for a few more years, we have a solution. Walmart just announced a new line of furniture ... ...

Blue Apron hopes lower-cost meal kits, now on Jet in NYC, will help save its business

Blue Apron is introducing a lower-cost version of its meal kits, initially only for Jet.com shoppers in the greater New York City metro area. The new kits, called “Knick Knacks,” still require refrigeration, but require customers to supply their own protein and produce to complete the meal. But by dropping the two most expensive ingredients ...

Ousted Flipkart founder Binny Bansal aims to help 10,000 Indian founders with new venture

Flipkart co-founder Binny Bansal’s next act is aimed at helping the next generation of startup founders in India. Bansal has already etched his name into India’s startup history after U.S. retail giant Walmart paid $16 billion to take a majority stake in its e-commerce business to expand its rivalry with Amazon. Things turned sour, however, ...

Amazon and Flipkart pull 100,000s of products to comply with new Indian law

Amazon has been forced to pull an estimated 400,000 products in India after new regulation limiting e-commerce businesses went into force in the country today. First announced at the end of 2018, the new regulation imposes a ban on exclusive sales, prevents retailers from selling products on platforms they count as investors, and it applies restrictions ...

Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today, that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the datacenter. Already, the computing demands of the technology industry are responsible for ...

Walmart bans woman after she rode around on mobility scooter drinking wine from Pringles can

She was living her best life.

A Texas Walmart has banned a woman from their store for doing something we've all done at one time or another - riding around the parking lot in a mobility scooter while drinking wine from a Pringles can.

Employees at the Wichita Falls Walmart said the woman had been ...

Teen working at Walmart quits his job over the intercom with huge rant over how they treated him

Last week, Jackson Racicot, a 17-year-old employee of Walmart for over a year, was fed up with his job and the way Walmart's management treated him. But instead of just walking out, he let them – and everyone else in the store – know he was quitting by announcing it on the store intercom. And ...

Walmart is testing its own, in-house visual search technology on Hayneedle

Hayneedle, the home furnishings retailer that joined Walmart by way of an acquisition by Jet back in 2016, is now serving as the testing grounds for Walmart’s own in-house visual search technology. Built in collaboration between Hayneedle and Walmart Labs, the new technology has been slowly scaling up on Hayneedle over the course of the year. ...