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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. Walmart has opened its first small-format supermarket in Shenzhen, China, with five more locations planned in the country by the end of the year.

Tampa 100
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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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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. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.

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.