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Amazon to expand Whole Foods, open more stores

Nearly a year-and-a-half after Amazon acquired Whole Foods for approximately US US $13.5 billion, things are about to start changing.Amazon is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour...

Grocery delivery firm Instacart raises US $200 million

Grocery delivery firm Instacart has raised US $200 million in a new funding round led by Coatue Management, as well as Glade Brook Capital Partners and existing investors.The new funding values Instacart at US $4.2 billion and comes less...

Amazon to deliver Whole Foods groceries in two hours for Prime users

Amazon.com Inc said on Thursday it would start delivering Whole Foods groceries via its fast-shipping Prime Now service in select U.S. cities, and plans to expand it across the country this year.The online retailing behemoth will add Whole Foods...

Amazon to buy Whole Foods for US $13.7 billion

Online retail giant Amazon announced on Friday that it had reached a definitive agreement to acquire Whole Foods Market for US $13.7 billion. In a news release, Amazon said it would acquire the upscale supermarket chain for US $42 a...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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