Google stole this spotlight at this year’s GDC with the launch of Stadia. What the game streaming service lacked in specifics, it more than made up for in buzz. The software giant certainly isn’t the only one eying the space, however. A new report from US Gamer puts Walmart in the running, as well. The […]View More Could Walmart be the next big company to launch a game streaming service?
Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical […]View More Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech
In October, Walmart-owned Sam’s Club opened a test store in Dallas where it planned to trial new technology including mobile checkout, an Amazon Go-like camera system, in-store navigation wayfinding technology, electronic shelf labels, and more. This morning, the retailer announced it will now begin testing a revamped Scan & Go service as well, which leverages […]View More Sam’s Club to test new Scan & Go system that uses computer vision instead of barcodes
SoftBank chairman Masayoshi Son has repeatedly described the Vision Fund as a club for the world’s most exciting startups and, while even the fund’s own LP seem to disagree with some of its investment thesis, its portfolio companies do frequently come together. The latest Vision Fund partnership pairs two e-commerce firms in opposite corners of […]View More Vision Fund startups Fanatics and Coupang unite to sell US sports merch in Korea
Financial technology company Affirm, which offers consumers an alternative to cash and credit when paying for large purchases, has scored a notable new partner: Walmart. The companies announced this morning that Affirm’s financing options would be made available in over 4,000 Walmart Supercenters across the U.S., and will roll out to Walmart.com in the weeks […]View More Affirm’s latest partnership brings its alternative financing to Walmart’s U.S. stores and website
Walmart, the world’s biggest brick-and-mortar retailer, today made an acquisition that speaks to its ongoing efforts to build out its e-commerce experience to better compete with Amazon. Today, the company announced that it acquired Aspectiva, a startup out of Israel whose AI-based technology analyses user-generated content, like customers’ product reviews, and combines it with a […]View More Walmart acquires Israel’s Aspectiva, which analyses UGC to recommend products to shoppers
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 […]View More Walmart’s U.S. e-commerce sales up 43% in Q4, thanks to growing online grocery business
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 […]View More Flipkart co-founder Sachin Bansal invests $92M in Ola
Walmart’s tech incubator Store N°8 today launched its next startup, a VR merchandising company called Spatial&. The company offers VR experiences that enable customers to connect with merchandise, and is kicking things off by collaborating with DreamWorks Animation VR tour. At select Walmart locations across the U.S., Spatial& will set up a VR experience in the parking […]View More Walmart tech incubator Store No. 8 launches VR startup Spatial&
Walmart in 2016 said it would begin testing last-mile delivery using services like Uber, Lyft, and Deliv to bring customers’ orders, including groceries, to their homes. Last year, Walmart ended its grocery delivery deal with Uber and Lyft, and today it’s ending the deal with Deliv as well, according to a report from Reuters. Deliv […]View More Walmart ends delivery partnership with Deliv
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 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 […]View More Blue Apron hopes lower cost meal kits, now on Jet in NYC, will help save its business