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, […]
View More Ousted Flipkart founder Binny Bansal aims to help 10,000 Indian founders with new ventureCategory: Walmart
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 […]
View More Amazon and Flipkart pull 100,000s of products to comply with new Indian lawStarting 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 […]
View More Starting with data centers, Carbon Relay is slashing energy costs and emissions using AIWalmart adds four grocery delivery partners
Walmart has partnered with Point Pickup, Skipcart, AxleHire and Roadie to expand its grocery delivery program across four states. Walmart’s grocery delivery is currently available in more than 800 stores, and plans to be in 800 more this year. To use Walmart’s delivery program, customers go online, place an order and then select a delivery […]
View More Walmart adds four grocery delivery partnersWalmart taps startup Udelv to test autonomous grocery deliveries in Arizona
More autonomous vehicles are poised to descend on Arizona. This time, Walmart has signed a deal with startup Udelv to test the use of autonomous vans to deliver online grocery orders to customers. Under the agreement, Udelv will provide its second-generation autonomous delivery van, called the Newton, to Walmart to deliver groceries in Surprise, Arizona. […]
View More Walmart taps startup Udelv to test autonomous grocery deliveries in ArizonaNew e-commerce restrictions in India just ruined Christmas for Amazon and Walmart
The Indian government is playing the role of festive party pooper for Walmart and Amazon after it announced new regulations that look set to impede the U.S. duo’s efforts to grow their businesses in India. Online commerce in the country is tipped to surpass $100 billion per year by 2022 up from $35 billion today […]
View More New e-commerce restrictions in India just ruined Christmas for Amazon and WalmartMoglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainMoglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainLemonBox, which brings US vitamins to Chinese consumers, raises $2M
LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new capital from 10 investors which include Partech, Tekton Ventures, […]
View More LemonBox, which brings US vitamins to Chinese consumers, raises $2MDistinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation
Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.
View More Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuationInstacart and Amazon-owned Whole Foods are parting ways
You won’t be able to order Whole Foods groceries on Instacart soon.
View More Instacart and Amazon-owned Whole Foods are parting waysWalmart partners with Rakuten to open its first e-commerce store in Japan
Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The companies first announced a collaboration in January when they agreed to team up on the launch of an online grocery service in Japan […]
View More Walmart partners with Rakuten to open its first e-commerce store in Japan