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Walmart Commences Pilot Program for Drone Product Delivery

Rebecca Urena09/09/2020

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Walmart Inc. (NYSE: WMT) the largest global retailer, announced Wednesday, it will be testing the delivery of grocery and household goods through programmed drones in Fayetteville, North Carolina. Having...

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Walmart Set to Launch Walmart+ by September

Rebecca Urena09/01/2020

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Walmart (NYSE: WMT) announced it is ready to launch its membership program, Walmart+, on September15. The company’s stock rose 2.8% during premarket trading on Tuesday. As the retailer strives...

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Walmart and Microsoft Join Forces on TikTok Bid

Rebecca Urena08/27/2020

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Walmart (NYSE: WMT) has joined forces with Microsoft (NASDAQ: MSFT) in its offer for TikTok. Walmarts shares rose 5% following the news. After President Trump gave TikTok a time limit...

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Walmart Announces Second Quarter Financial Results

Nikita Medvedev08/18/2020

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Walmart, Inc. (NYSE: WMT) reported second quarter financial results. For the second quarter, total revenue amounted to USD 137.7 Billion, a USD 7.4 Billion rise or 5.6% increase. Comp...

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Walmart Partners with Instacart, Rivaling Amazon

Rebecca Urena08/11/2020

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Walmart (NYSE: WMT) has partnered with Instacart to provide same-day delivery in the U.S, rivaling Amazon and Whole Foods. The alliance is now in the pilot stage within four...

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Walmart to Close on Thanksgiving and Deliver Additional Employee Bonuses

Rebecca Urena07/21/202007/21/2020

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Walmart (NYSE: WMT) announced Tuesday that it would be giving employees further bonuses, additionally it will be closing all locations for Thanksgiving. The retail giant revealed it will employ...

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Walmart Rekindles Discussions to Sell Grocer Asda

Rebecca Urena07/20/2020

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Walmart (NYSE: WMT), the retail giant, has decided to resume negotiations with possible buyers for shares in its British supermarket branch Asda, according to a Walmart spokesman. “Walmart and...

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Walmart to Launch Subscription Service Rivaling Amazon Prime

Rebecca Urena07/07/202007/07/2020

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Walmart (NYSE: WMT) is going head to head with Amazon Prime as it prepares to launch Walmart+, its own paid membership service, according to a Vox’s Recode report. The...

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Walmart CEO Announces Group of Corporate Leaders Working Towards Racial Equality

Rebecca Urena06/05/2020

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Walmart (NYSE: WMT) CEO, Doug McMillon, announced that a group of the country’s elite CEO’s will be addressing the racial bias that prevails in today’s society. The group of...

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Facebook to Invest USD 5.7 Billion in Reliance Industries’ Digital Unit

Andy Liao04/22/2020

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Facebook Inc. (NASDAQ: FB) plans to spend USD 5.7 Billion or almost 10% of Reliance Industries’ digital unit to roll out support for India’s grocers and other small businesses...

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