Uber To Acquire Remaining Cornershop Stake For 29M Shares Valued At $1.4B
Uber Technologies Inc (NYSE:UBER) inked an agreement with Cornershop Global LLC’s minority shareholders to acquire its remaining 47% stake in online…
As Amazon Readies For Prime Day, Rival Retailers Prepare Their Own Sales Events
Amazon.com, Inc. (NASDAQ: AMZN) is preparing for its sixth annual Prime Day sales event that offers Amazon Prime members big discounts across nearly all categories on the e-commerce site.
Walmart Invests In Nationwide On-Demand Drone Delivery Provider DroneUp
Walmart Inc (NYSE:WMT) has announced its investment in DroneUp, a nationwide drone services provider, to develop a scalable last-mile delivery solution. The…
‘Walmart+ takes on Amazon Prime by offering free, fast shipping on all orders’ -Business Insider Article
https://www.businessinsider.com/walmart-plus
Walmart Invests In DroneUp, The Nationwide On-Demand Drone Delivery Provider
CEO and President of Walmart's U.S. business, John Furner, released the following memo early Thursday morning:
In our ongoing effort to get customers the items they want, and fast, we know it will take a
Walmart’s Flipkart, Amazon File Legal Challenge Against Indian Court’s Decision That Allowed Antitrust Probe To Continue
-Reuters
https://www.reuters.com/world/india/walmarts-flipkart-challenges-india-court-order-antitrust-probe-sources-2021-06-17/
Plastics Express Bringing Jobs, Port Business To Houston Area
A California-based plastics resin logistics company is bringing 50 jobs to the new $75 million Cedar Port Logistics Center near Port Houston.
FedEx Rolls Out Nuro Autonomous Delivery Vehicle In Houston
FedEx Corp. (NYSE: FDX) has been testing an autonomous delivery vehicle in the Houston area since April.
India’s Antitrust Watchdog, Competition Commission of India, Plans to Expedite Investigation Into Allegations of Anti-competitive Behaviour at Amazon and Flipkart
-Reuters
https://www.reuters.com/world/india/exclusive-india-expedite-amazon-flipkart-antitrust-probe-tech-focus-intensifies-2021-06-15/
Apple To Drop Mask Requirement At Stores, Offices Beginning Next Week: Report
Apple Inc. (NASDAQ: AAPL) plans to drop its mask requirement for fully vaccinated customers at many U.S.