Parcel is a 24/7 operation that delivers packages the same day, overnight and in scheduled two-hour windows. Parcel gives customers live updates throughout the process.
Parcel now works with meal kit, grocery and e-commerce companies to provide last mile capabilities.
"Delivery is increasingly one of the most important elements for today's online shoppers, as demands for speed, flexibility, and reliability continue to grow", said Nate Faust, senior vice president, Walmart U.S. eCommerce Supply Chain.
From a demographic point of view, New York City has great strategic value to both Walmart and Jet.com because it's one of the most densely populated areas in the U.S. and represents a key market. Some Wall Street analysts have speculated that Amazon will eventually use its newly-acquired Whole Foods stores as mini-warehouses for same-day food delivery.
The service also helps Walmart tackle the problem of same-day delivery, which is a big problem to solve if the company wants to offer delivery options for perishable items like food.
While the two companies did not disclose the terms of the detail, Recode reported that a source familiar said that Wal-Mart paid $10 million to acquire Parcel, and Wal-Mart noted in a fact sheet for the deal that the price was "smaller than previous acquisitions we've made this year". Walmart will now be able to tap into Parcel'shomegrownn familiarity with the market.
In addition, Walmart is investing in grocery pick up and delivery programs to complement online shopping and grocery, which is available in more than 900 USA stores. It's also began testing a service that recruits Walmart employees to deliver packages to customers on their way home. Earlier this year, Jet announced a partnership with Latch, another New York-based startup that offers keyless entry for delivery personnel to leave packages inside a doorman-less apartment building.
Parcel's customers include Bonobos and meal-kit services like Chef'd and Martha Stewart's Martha & Marley Spoon, and will continue to serve current clients, Walmart said.
There is a lot of excitement about. "I just feel whenever I do a Liverpool game, I'm going to be saying the same thing". The result leaves Liverpool in seventh place in the Premier League , with one win in seven in all competitions.
Australian Daniel Ricciardo led Dutch team mate Max Verstappen, 20 on Saturday, in a one-two finish for the former champions. You always find some things to improve but the vehicle has behaved nicely all weekend.
The Home Mini is Google's answer to Amazon's Echo Dot , with a focus on portability and Google Assistant specific applications. The Google Home Mini is a compact Google Home device with a curvier design that suits best in any corner of your house.
Verizon said passwords in clear text, payment card data and bank information was not among the information stolen. Yahoo said it would send email notifications to the additional affected user accounts.
The two were charged along with four North Korean men under Section 302 of the Penal Code, which carries the death penalty. Pyongyang has denied any role in the killing and has not even acknowledged that the dead man was Kim Jong Nam.
Perhaps no one celebrated quite like Benjamin Mendy after Manchester City broke the deadlock at Stamford Bridge on Saturday. And the 23-year-old still had time for some lookalike bants as he was wheeled into surgery after he tore his ACL.
There's no time too soon for Carr to return, but there's no obvious soft landing spot for him in October, either. Following the game Sunday, Carr said it would take a lot for him to miss Week 5 against the Baltimore Ravens .
Luton based airline Monarch has ceased trading
In an email to employees, the airline stated that both Monarch Airlines Limited and Monarch Travel Group are ceasing operations. All future flights have been immediately cancelled, affecting an estimated 300,000 bookings .
Las Vegas shooter reportedly wired $100K to Philippines
The mobile of the shooter are unknown at this stage of the investigation, but the police evokes for the time being a "lone wolf". He had been serving a 20-year sentence in a federal correctional facility after robbing a bank in Phoenix, Arizona in 1960.
Alvaro Morata pulls out of Spain squad
Other experts say Morata could face eight weeks out, but Chelsea have still not placed an official time frame on his comeback. He explained to 888sport: "I still think that Chelsea have quite a lot of depth and they remain title challengers".