International News Walmart to acquire Vizio for $2.3 bln Nada Ali Feb 20, 2024 0 Walmart plans to acquire smart-TV maker Vizio for $2.3 billion, or $11.50 per share in cash, effecting its shares…
Tech/AI IKEA plans new US stores to challenge Walmart, Wayfair Sama Mousa Apr 21, 2023 0 IKEA owner Ingka Group is set to spend $2.2 billion on new stores in the US over the coming three years said the…
Tech news Temu new shopping platform becomes most downloaded app in U.S. Nada Ali Feb 20, 2023 0 New online shopping platform, Temu, a subsidiary of Chinese-based PDD Inc., has witnessed widespread downloads in…
Tech/AI Walmart achieves hiring goal of 150,000 to meet growing demand amid coronavirus Yomna Yasser Apr 18, 2020 0 Walmart Inc. said on Friday it had reached its goal of hiring 150,000 people to keep up with growing demand for…
Tech news Walmart, Microsoft team up on cloud technology, both battling Amazon Amwal Al Ghad English Jul 17, 2018 0 Retail giant Walmart signed on Tuesday a deal to use Microsoft's cloud and artificial intelligence technology,…
Industry & Trade Britain’s Sainsbury’s and Asda agree £7.3bn merger Yomna Yasser Apr 30, 2018 0 Sainsbury’s (SBRY.L) has agreed to buy Walmart’s (WMT.N) Asda for about £7.3 billion ($10 billion) to create…
Tech news Walmart to test food delivery with Uber drivers Ghada Ismail Jun 4, 2016 0 Walmart customers in the US could soon have their groceries delivered by Uber drivers under a pilot to be announced…