Chinese e-commerce challenger Pinduoduo is raising over $1 billion more

The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD, which is raising more than $1 billion in fresh capital just six months after it went public. The company announced plans to sell 37 million shares in a move that will raise over $1 billion, going […]

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How business-to-business startups reduce inequality

Sibjeet Mahapatra Contributor Share on Twitter Sib Mahapatra first explored VR at Redfin. He is co-founder of Recess Labs and a Venture Fellow at Notation Capital, where he researches frontier tech including AR and VR. More posts by this contributor VR, presence and the case of the missing killer app The bull case for Snapchat […]

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Apple Pay is coming to Target, Taco Bell, Speedway and two other U.S. chains

A little more retail momentum for Apple Pay: Apple has announced another clutch of U.S. retailers will soon support its eponymous mobile payment tech — most notably discount retailer Target. Apple Pay is rolling out to Target stores now, according to Apple, which says it will be available in all 1,850 of its U.S. retail […]

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Watch Ellen DeGeneres pester Michelle Obama during her book signing

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Ellen DeGeneres and former First Lady Michelle Obama, the BFFs who took CVS by storm, are back – this time at Costco.

Ahead of Obama’s Thursday appearance on The Ellen DeGeneres Show, DeGeneres set up an impromptu book signing for the first lady’s new memoir, Becoming, at the big-box store to get everyone hyped.

In a sneak peak shared on Instagram, DeGeneres plays the keyboard to distract Obama from her signing duties, and she brings up the elephant in the room: Why Oprah was mentioned in the book more times than the comedian and talk show host was.

More about Culture, Michelle Obama, Ellen Degeneres, Costco, and Book

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Costco now supports Apple Pay across all of its US stores

Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t yet complete. The rollout — first reported by MacRumors — follows limited trials at selected Costco outlets, including […]

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The incredible rise of Pinduoduo, China’s newest force in e-commerce

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]

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People are mad as hell after Costco cuts food court Polish dog for healthier options

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Someone please tell Costco that good things really don’t have to come to an end, because they seem to think otherwise. 

As reported by the Seattle Times, the wholesale giant will be retiring the Polish dog from their food court menus across the country and replaced with healthier options — and people are livid. 

Thankfully, you’ll still be able to enjoy the cheap delicacies of an all-beef hot dog or chicken bake while you wait in line or peruse the warehouse. But in addition to those classic food items, customers will also be able to buy organic burgers and vegan options, including a meatless plant-based salad called “Al Pastor Salad,” and açai fruit bowls.  Read more…

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Costco food court items, ranked

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Ah, Costco. The land of Kirkland vodka, 114-ounce jugs of ketchup, and surprisingly great deals on moisturizer. 

But once you’re done loading your cart with enough toilet paper to last six years, what do you do? You stop at the food court, that’s what.

SEE ALSO: Ice cubes, ranked

The Costco food court has long been lauded for its low prices and hot dogs, but there are other treasures behind those greasy counters, too! (The hot dogs are really good, though.)

Here’s our ranking. May your bulk shopping experience end as they all should — with a delicious and nutritionally vacant treat. Read more…

14. Chicken caesar salad

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Food delivery’s untapped opportunity

Investors may have already placed their orders in the consumer food delivery space, but there’s still a missing recipe for solving the over $250 billion business-to-business foodservice distribution problem that’s begging for venture firms to put more cooks in the kitchen. 

Stock prices for Sysco and US Foods, the two largest food distributors, are up by over 20% since last summer when Amazon bought Whole Foods. But, have these companies haven’t made any material changes to their business model to counteract the threat of Amazon. I know a thing or two about the food services industry and the need for a B2B marketplace in an industry ripe with all of our favorite buzz words: fragmentation, last mile logistics and a lack of pricing transparency.

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