India’s Adani Group is plotting a move into e-commerce and digital payments, according to a Financial Times report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon, and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying for a license to operate on India’s Unified Payments […]
Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence
S2G Ventures is graduating today, so to speak. The climate tech investment firm has been living under Builders Vision, an umbrella organization for Walmart heir Lukas Walton’s philanthropic and investment activities, for the past three years. Walton was S2G’s sole limited partner. Now, the organization is bringing others on board. Walton started S2G in 2014 […]
Walmart will deploy robotic forklifts in its distribution centers
The story of warehouse robotics is a story of attempting to keep up with Amazon. It’s been more than a decade since the online giant revolutionized its delivery services through its Kiva Systems acquisition. As Walmart works to remain competitive, it’s taking a more piecemeal approach to automation, through partnerships with a range of different […]
Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release was verified as being “not authentic” by […]