How Walmart, seeking to take on e-commerce rivals, is spending billions to attract workers to a Bentonville, Arkansas HQ and woo shoppers with drone delivery
Kevin Draper / New York Times :
A look at Walmart's use of automation to grow sales without job creation, as analysts say its staff count raise questions about the future of US retail labor
Growth in ecommerce and automation sparks questions about future of retail sector's labour force
A profile of Walmart CEO Doug McMillon, who led the company from trailing eBay and Apple in online sales to becoming the world's second-largest e-commerce firm
Bloomberg : X: @alephblog and @tgarcianyc LinkedIn: Deena Shanker and Jaewon Kang X: David Merkel / @alephblog : The world's largest retailer has built an Apple-esque corporate campus in Bentonville,...
Q&A with Zepto CEO Aadit Palicha on raising a new $350M round, the narrative that quick commerce is hurting grocery stores, industry pay structure, and more
They have leveraged 10 min delivery as the go-to market strategy to compete in an impossible & established sector. — More thoughts from my blog post a couple of years ago. — thestartupproject.io/2...
Walmart and DroneUp end drone delivery in all 18 Phoenix, Salt Lake City, and Tampa hubs to focus on Dallas-Fort Worth; DroneUp cuts 70, or ~17% of its staff
Joann Muller / Axios :
PayPal hires one of Walmart's top tech executives, Srini Venkatesan, as its CTO, effective June 24, replacing Archie Deskus, who will leave the company in July
PayPal hires one of Walmart's top tech executives Srini Venkatesan as its CTO, effective June 24, replacing Archie Deskus, who will leave the company in July
Hannah Lang / Reuters :
A profile of food delivery app Wonder from Diapers.com and Jet.com co-founder Marc Lore, who invested $200M+ and is targeting a $30B IPO in three to five years
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts. X: @dinvesting , @stevehiltonx , @profschlei...
Co-founder Binny Bansal steps down from Flipkart's board, after selling his entire stake in the company, which was acquired by Walmart in 2018, in recent years
Manish Singh / TechCrunch :
Q&A with Jason Del Rey, the author of Winner Sells All, on how Walmart plays catch up to Amazon, Walmart CEO Doug McMillon's tenure, Amazon's missteps, and more
Jason Del Rey has spent the last 15 years reporting on e-commerce businesses, including Walmart and Amazon.