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Report: Super Bowl pays off for online grocers
Not only was the 2017 Super Bowl a game for the record books, it also drove shoppers to their favorite e-grocers to prep for the big game. As time-pressed Americans football fans shopped with online grocers for game day necessities, they spent more than $150.18 per order — just a few cents more than the average cart size of all goods purchased on Black Friday, which was $149.68. -
Wal-Mart increases stake in Chinese e-commerce giant
Wal-Mart Stores keeps upping its investment in JD.com. The discounter has increased its stake in the Chinese online company to 12.1%, (worth about $4.87 billion), from the 10.8% stake it had in October, and the 5.9% stake it had in June of last year, according to a report by Business Insider.

