Walmart Takes A Smart Step By Teaming Up With Instacart On Delivery
By offering its own quick delivery option, Walmart will have a powerful competitive tool. Sam’s Club (owned by Walmart) currently has a partnership with Instacart, and this announcement will strengthen the reach of the relationship and should help the entire Walmart operation fend off competition from Amazon. The new partnership will begin in four markets across California and Oklahoma.
Walmart Should Not Partner With Instacart. Here’s Why.
Partnering with Instacart??? All this means is that Walmart will make the same mistake as Costco, Kroger and other large grocers who foolishly signed a contract with Instacart only to teach Instacart everything about their business models. This is why I refer to Instacart as a Trojan Horse in the articles that I write about the grocery industry.
DST Global Pumps $35 Million into Asian E-Grocer Weee!
The investment firm helmed by Israeli-Russian billionaire Yuri Milner poured $35 million into Weee!, a California-based startup that delivers Asian groceries like fresh kimchi and Japanese desserts from its own warehouses to major cities across the U.S. The funding boosted the five-year-old startup's total raise since launch to over $100 million.