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Walmart drone delivery testing in North Carolina city

9Sep By AdityaNo Comments

News

Walmart drone delivery testing in North Carolina city

New York, Sept. 9, 2020: US-based retail stores Walmart said in its press release that they are testing on-demand drone delivery with Flytrex. The pilot program launched in Fayetteville, North Carolina, and focuses on delivering select grocery and household essential items from Walmart stores using Flytrex’s automated drones. Tom Ward, Senior Vice President, Customer Product, Walmart said, "From being an early pioneer of universal bar codes and electronic scanning cash registers to our work on autonomous vehicle delivery, we’re working to understand how these technologies can impact the future of our business and help us better serve our customers." Last week, Amazon won regulatory approval to deliver packages by drone, but the company said it was still testing the self-piloting ...

27May By AdityaNo Comments

INDIA

JioMart Launched Operation in 200 Indian Cities

Mumbai, May 26, 2020: Reliance online grocery service JioMart launched its delivery services in nearly 200 cities of India. The delivery services of Jiomart was initially launched in Mumbai after receiving big funding from Facebook and four other investors. But as we have checked the website the service is not fully operated, most of the products are out of order. JioMart will use Facebook-owned Whatsapp to make the online retail experience accessible to many more Indians and towns for daily needs order. "Never waste a crisis, they say!" tweeted Damodar Mall, chief executive of grocery retail at the company. "A wise colleague mentioned today, 'Alibaba also flourished starting from the SARS crisis,'" he added. Now JioMart is the only active delivery service in Indian small ...

Singapore logistics firm Ninja Van raises $279 million

5May By AdityaNo Comments

FUNDING

Singapore logistics firm Ninja Van raises $279 million

SINGAPORE, 5th May 2020- Singapore based eCommerce logistic startup Ninja Van raises $279 million in funding from Facebook co-founder Eduardo Saverin’s B Capital and ride-hailing firm Grab. Existing investor Europe’s GeoPost alongside two sovereign wealth funds have also participated in this round. Other investors include Monk’s Hill Ventures and Golden Gate Ventures Growth Fund. The company so far has raised a total of $400 million. Launched in 2014 with operations in Singapore and Malaysia, the company has also expanded into countries like the Philippines, Indonesia, Thailand, and Vietnam. The company provides services to e-commerce firms like Alibaba’s Lazada, Indonesia’s Tokopedia, and Sea Ltd’s Shopee. Ninja Van will use this funding to invest in the b2b sector while...

BigBasket Goes Offline, Will Open its Retail Stores

5Mar By Sheldan RungasamyNo Comments

News

BigBasket Goes Offline, Will Open its Retail Stores

While almost every companies try to move their offline business online, BigBasket is trying the opposite approach. One month after $300 million funding round by Chinese multinational Alibaba, BigBasket is looking to cash in on the offline market by implementing kiosks that will stock fruits, vegetables and other daily grocery items. The offline kiosks will be mostly set up around residential areas and office centers. BigBasket is looking to further implement themselves in the lives of their customers by putting forward a subscription programme for daily requirements such as milk and bread. This system will also increase the purchasing frequency of the users. They have already started a trial for this new service on a separate app called BB instant. Hari Menon, founder and CEO of BigB...

37 Lacs Looted From Flipkart Delivery Centre in Delhi

28Jun By AnkitaNo Comments

News

37 Lacs Looted From Flipkart Delivery Centre in Delhi

In a first such kind of incident, Flipkart delivery centre in Shahdara’s Jhilmil industrial area was attacked by Four masked men looted ₹37 lakh from the office of Instakart, a delivery station of e-commerce giant. The workers reportedly told the police that four men armed with guns entered the premises and asked them to part with the cash. They threatened us with dire consequences, the victims allegedly told the police. The workers claimed this was the second time the company had been targeted in the past few months. “A similar robbery took place at our Patparganj branch around the same time on March 25”. Police said the accused wore helmets and carried pistols. “There were three employees, including a security guard, in the office. The assailants held them hostage at gunpoint and ...