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Walmart’s Flipkart confirms it is entering the food retail business in India

Walmart’s Flipkart confirms it is entering the food retail business in India India’s Flipkart is entering the food retail business as the e-commerce giant looks to expand its reach in the nation, its chief executive said on Tuesday. Flipkart, which sold majority stake in the company to Walmart for $16 billion last […]

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Uber to acquire grocery delivery startup Cornershop

Uber to acquire grocery delivery startup Cornershop Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects that its acquisition of a majority ownership stake in […]

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Contentstack raises $31.5M Series A round for its headless CMS platform

Contentstack raises .5M Series A round for its headless CMS platform Contentstack, a startup that offers a headless CMS platform for enterprises, today announced that it has raised a $31.5 million Series A round led by Insight Partners. Existing investors Illuminate Ventures and GingerBread Capital also participated in this round. The company […]

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Roku to launch low-cost versions of its soundbar and subwoofer under Walmart’s onn brand

Roku to launch low-cost versions of its soundbar and subwoofer under Walmart’s onn brand Roku will produce lower-cost versions of its new Smart Soundbar and Wireless Subwoofer for Walmart under the retailer’s own onn brand, the company announced this morning. While already Roku offers distinct versions of some of its streaming media […]

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Where top VCs are investing in edtech

Where top VCs are investing in edtech Education is a $4 trillion market globally in urgent need of overall — so where within education are top venture capitalists optimistic about startups building large businesses by providing new solutions? According to EdSurge, $1.45 billion of venture capital (a mere 1.1% of the $130 […]

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Walmart launches two new credit cards offering 5% back on digital purchases

Walmart launches two new credit cards offering 5% back on digital purchases Walmart is partnering with Capital One to launch a new credit card program, which rolls on September 24, and includes both co-branded and private-label cards. The former, the Capital One Walmart Mastercard, includes 5% back on purchases made on Walmart.com […]

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Startups Weekly: Part & Parcel plans plus-sized fashion empire

Startups Weekly: Part & Parcel plans plus-sized fashion empire Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Stripe’s grand plans. Before that, I […]

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Walmart’s Vudu adds Family Play feature so viewers can skip sex, violence and substance abuse

Walmart’s Vudu adds Family Play feature so viewers can skip sex, violence and substance abuse Vudu, the streaming service owned by Walmart, announced a new feature today that will make it easier for viewers to avoid sex and violence in movies. Anyone who’s watched an R-rated movie on broadcast television or on […]

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Walmart Grocery is expanding its $98 per year ‘Delivery Unlimited’ subscription across the U.S.

Walmart Grocery is expanding its per year ‘Delivery Unlimited’ subscription across the U.S. Walmart is expanding its brand-new “Delivery Unlimited” grocery delivery membership program to more stores across the U.S., with plans to reach over 50% of the country by year-end. The new program allows regular grocery delivery customers to pay either […]

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Uber has surveyed some drivers on small loans, suggesting financial products are coming

Uber has surveyed some drivers on small loans, suggesting financial products are coming Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating products to increase loyalty and engagement among users and drivers, including things like banking. Cue […]

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