Category: amazon
Walmart Grocery app sees record downloads amid COVID-19, surpasses Amazon by 20%
Record demand for online grocery shopping amid the COVID-19 pandemic has sent the apps for grocery pickup and delivery services up the charts. Walmart Grocery, as a result, has now hit an all-time high in downloads — grabbing the No. 1 ranking position across all Shopping apps in the U.S.…
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Amazon extends return window amid coronavirus pandemic
Amazon is temporarily extending its return policy window to help its customers during the coronavirus crisis. If you live in the US or Canada, you now have until May 31st to return any products you buy between now and April 30th through Amazon or one… Source
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Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom
Sophia Wood Contributor Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back Latin America Roundup:…
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With $8 million to consolidate Amazon’s top marketplace sellers, Perch makes its first deals
After raising $8 million in November to roll up top Amazon marketplace companies, the new New York-based startup Perch has begun putting that money to work in its first few deals. The brainchild of Chris Bell, formerly Wayfair’s head of logistics and a Bain & Co. analyst, Perch is pretty…
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Korean grocery startup Kurly raises $150M
Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be heading to an acquisition. Sequoia Capital, Hillhouse Capital and Digital Sky Technologies invested in the Korean startup’s Series E financing round,…
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American stocks rally sharply on COVID-19 optimism as earnings loom
Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease caused by the coronavirus. The stock market is, of course, not the economy. And this is likely a dead-cat bounce…
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