Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as the e-commerce battle intensifies in the world’s second-largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Read MoreDive Brief: The Giant Company announced on Monday the launch of the Ship2Me online marketplace, becoming the latest Ahold Delhaize banner in the U.S. to roll out the service, according to an emailed press release. Ship2Me, which Giant Food first debuted at the end of last year, sells pet supplies, health and beauty products, home…
Read MoreAmazon.com, Inc. (AMZN) and Walmart Inc. (WMT) are two e-commerce giants globally. AMZN retails consumer products and subscriptions and operates Amazon Web Services (AWS), one of the biggest platforms in the digital computing space. It offers personalized shopping services, web-based credit card payment, and direct shipping to customers. In comparison, WMT operates retail, wholesale, supermarkets,…
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