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Online Grocer Barbora To Enter Polish Market

Maxima Grupė has announced that its online grocery business Barbora is to enter the Polish market. In the first stage, the retailer will roll out its se...

Walmart To Expand Grocery Delivery With Smart Cooler Pilot

Walmart Inc said it would test doorstep delivery of grocery items in temperature-controlled containers made by HomeValet, as the world's biggest retai...

Walmart To Create Fintech Startup With Ribbit Capital

US retail chain Walmart Inc has entered into a strategic partnership with investment firm Ribbit Capital to create a new fintech startup. The...

Instacart Hires Goldman Sachs' Giovanni As New CFO

Instacart has appointed Goldman Sachs Group Inc banker Nick Giovanni as its new chief financial officer, as the US grocery delivery app gears up for a pote...

UK Online Grocery Sales Double In December: Nielsen

Online grocery sales in UK supermarkets doubled to 12.5% in December, up from 6.7% in the same period last year, the latest data from Nielsen has revealed....

Alibaba Plans $5bn Bond This Month Amid Regulatory Scrutiny: Sources

China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with knowledg...

Alibaba's $10bn Buyback Plan Fails To Halt Stock Slide As Regulatory Concerns Mount

Alibaba shares slumped 9% to their lowest since June on Monday, as the firm's upsized $10 billion buyback programme failed to ease concerns about a regulat...

Ocado To Appoint Richard Haythornthwaite As Board Chairman

Online grocer Ocado Group has announced plans to appoint Richard Haythornthwaite as the chairman of its board at its AGM in May 2021. He will replace Lo...