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Looks like the shoppers took a breather in August after the July shopping spree that saw 0.7% gain in retail sales. The retail sales have climbed only 0.1% in August which is lower than the projected ... Read more
The retail giant Walmart has announced that it has entered a definitive agreement to acquire Cornershop Inc., for $225 million. Cornershop Inc. is the leading online marketplace for on-demand delivery... Read more
The exit of the global icon Jack Ma is going to leave a vacuum that will be hard to fill for Alibaba but he has named his successor. Daniel Zhang the current CEO of the Alibaba Group will be the one w... Read more
The Chinese Business Tycoon Jack Ma has announced that he is going to leave the company he co-founded to pursue his philanthropic ambitions. He along with 17 of his friends had started Alibaba back in... Read more
Walmart avails grocery delivery from 50 of its retail outlets across the U.S but it is now launching a new delivery service in collaboration with Bringg to improve upon its delivery time. This new ser... Read more
Say hello to a new shopping destination launched by Instagram. The new app developed by Instagram is going to be named as IG Shopping. Through this new app, you can browse through the collection of va... Read more
The Chinese company Meituan-Dianping that was founded in 2010 is seeking a $55 million valuation in the Hong Kong IPO. Its aspirations of high valuation have been in question, considering the competit... Read more
