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Walmart, JD.com Invest $500M Into Dada-JD Daojia

PYMNTS

According to a report in Reuters , citing Dada-JD Daohjia, the company is partly owned by JD.com and operates two businesses: Dada, the delivery service that has a network of 5 million delivery men, and JD Daojia, which partners with retails stores to provide delivery services.

Tampa 100
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Walmart Opens First High-Tech Supermarket In China

PYMNTS

According to Chain Store Age , the 10,000 square-foot store will carry more than 8,000 items offered both in-store and online, focusing on fresh foods, fast delivery, value and everyday convenience. Electronic price tags enable the retailer to keep prices current.

Tampa 100
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Wall Street is a tough master, especially for eCommerce companies. Ontario (L.A.),

Company 130
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves. Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there.