Wal-Mart adds NY delivery company to e-commerce empire


  • TECH
  • Wednesday, 04 Oct 2017

Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. REUTERS/John Gress/Files

Wal-Mart Stores announced that it acquired New York delivery company Parcel as it girds to compete with Amazon and other supermarkets for home delivery of groceries. 

The purchase of Parcel, a Brooklyn-based specialist in same day, overnight and scheduled deliveries of perishable and non-perishable items, adds to Wal-Mart's push into e-commerce following the US$3.3bil (RM13.93bil) purchase of Jet.com in 2016 and other smaller acquisitions. 

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