Alibaba pays $807m to take majority stake in Cainiao
Alibaba is making an additional investment of RMB5.3bn (US$807m) to increase its ownership of Cainiao to a majority stake of 51%.
Read MoreTag: E-Commerce
SOUQ takes Wing
Dubai-based online marketplace SOUQ.com has entered into a definitive agreement to purchase Wing.ae, a provider of mobile and web-based delivery solutions for businesses and consumers in the United Arab Emirates (UAE).
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M&S running online food delivery trials
UK retailer Marks and Spencer is running two new food delivery and collection trials.
Read MoreDeliveroo raises $385m in funding
Food delivery company Deliveroo has raised $385m in a new funding round.
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Walmart testing deliveries “straight to the fridge”
US retailer Walmart has announced that it is teaming up with August Home and Deliv to test new delivery concepts, which including putting groceries in customers’ refrigerators.
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