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Amazon partners with thousands of mom-and-pop stores in India

Amazon partners with thousands of mom-and-pop stores in India Neighborhood stores dot tens of thousands of cities, towns and villages in India. They have survived — and thrived, despite — retail giants’ billions of investment in the country. So now, Amazon is beginning to embrace them. Amazon said on Saturday it has […]

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Amazon’s fresh $1B investment in India is not a big favor, says India trade minister

Amazon’s fresh B investment in India is not a big favor, says India trade minister India’s trade minister isn’t impressed with Amazon’s new $1 billion investment in the country. A day after Amazon chief executive Jeff Bezos announced that his company is pumping in an additional $1 billion into its India operations, […]

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Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, […]

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To break away from D2C crowd, SmileDirectClub announces retail partnership with Walmart

To break away from D2C crowd, SmileDirectClub announces retail partnership with Walmart Today, SmileDirectClub announced a partnership with Walmart to sell a new line of oral care products, including toothbrushes, teeth whitening treatments, a water flosser and more. For one of the top teledentistry companies, this represents a move to make its […]

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Bonobos founder Andy Dunn to leave Walmart in 2020

Bonobos founder Andy Dunn to leave Walmart in 2020 Andy Dunn, the founder of menswear site Bonobos which sold to Walmart in 2017 for $310 million, is now parting ways with the retail giant. The executive, who joined Walmart as SVP of digital consumer brands at the time of the acquisition, officially […]

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Why D2C holding companies are here to stay

Why D2C holding companies are here to stay Alex Song Contributor Share on Twitter Alex is CEO and co-Founder of Innovation Department, a tech-empowered platform building the next generation of consumer brands. Previously, he worked at Goldman Sachs and Pershing Square Capital Management. It wasn’t that long ago that digitally-native, vertically-integrated brands […]

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Flipkart leads $60M investment in logistics startup Shadowfax

Flipkart leads M investment in logistics startup Shadowfax Walmart’s Flipkart has backed Shadowfax in a new $60 million financing round as the retail giant works to strengthen its logistics network in the nation. Flipkart led the Series D financing round for the four-year-old Bangalore-based startup, Shadowfax co-founder and chief executive Abhishek Bansal […]

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FedEx robot sent packing by NYC

FedEx robot sent packing by NYC FedEx’s autonomous delivery bot got a cold reception from New York City officials. After the company’s SameDay Bots — named Roxo — popped up on New York City streets last week, Mayor Bill de Blasio and transportation officials delivered a sharp response: Get out. FedEx told […]

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Inside Prosus Ventures’ $4.5 billion bet on India

Inside Prosus Ventures’ .5 billion bet on India Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay […]

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VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

VTEX, an e-commerce platform used by Walmart, raises 0M led by SoftBank’s LatAm fund E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called […]

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