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Billionaire ex-Walmart exec Marc Lore is now the CEO of a food delivery startup that will cook gourmet meals outside your door
Wonder will offer everything from family-style meals to steaks, and partners with "top chefs" to cr…
Avery Hartmans
Softbank is getting exactly what it deserves, and it's thanks to something way bigger than WeWork
In 2008, Amazon tried to buy a company called Quidsi (the owner of diapers.com, soap.com, and beaut…
Linette Lopez
Billionaire ex-Walmart exec says the first 'settlers' of his planned $400 billion city 'Telosa' will likely be selected through applications - and they could move in by 2030
Telosa, a futuristic city created by Marc Lore, plans to offer its citizens equal access to educati…
Avery Hartmans
Walmart's star e-commerce exec Marc Lore is leaving the retail giant to build a 'city of the future' modeled on a 'reformed version of capitalism'
Marc Lore originally joined Walmart in 2016, when he sold his startup, Jet.com, to the retailer for…
Allana Akhtar
Amazon is shutting down a division it bought for $545 million, escalating a feud between Jeff Bezos and his Walmart rival
The acquisition of Quidsi came after a vicious price war between Lore's companies and Bezos' Amazon…
Matt Weinberger
Marketing shakeup at Red Bull after Black Lives Matter controversy
Here are the top media and advertising stories from Business Insider for October 1.
Tanya Dua
PRESENTING: The ultimate guide to selling your startup for a boatload of cash, from founders who sold their startups for billions
So Business Insider asked Jyoti Bansal, who sold AppDynamics to Cisco for $3.7 billion (plus other …
Business Insider
I'm ditching Amazon for Walmart's e-commerce competitor - here's why
I was pretty bummed when I read the news. As a city dweller, I'm a big fan of Soap.com, which I use…
Emily Cohn
A Walmart executive who sold his startup for $550 million had a really weird reaction the moment he got rich - here's why
When he and Doug McMillion, the CEO of Walmart, started talking about working together, Lore said, …
Shana Lebowitz
The Man Who Knows Amazon's Brutal Tactics Better Than Anyone Has A New Company With $55 Million In Funding
The site won't launch until later this year, partially because of a non-compete clause from Amazon …
Jillian D'Onfro
Amazon Made This Man Phenomenally Wealthy. Now, He Might Be Hatching Plans To Crush Amazon.
Lore and Bharara stayed at Quidsi for four years on contract after Amazon bought it, but they both …
Jillian D'Onfro
The Founder Of Mysterious Amazon-Killer Jet.com Is Thinking About Raising $600 Million - Before His Startup Has Even Launched
Before the acquisition, Amazon had more or less declared a pricing war against Diapers.com. Amazon …
Jillian D'Onfro
Everything we know so far about Verishop, former Snap chief strategy officer Imran Khan's new e-commerce startup that aims to take on Amazon
Khan sees social-media influencers, in addition to Google, as being an important source of traffic …
Tanya Dua
Newly surfaced emails show how ruthlessly Facebook, Amazon, Apple, and Google built their businesses and ate up smaller companies
Lawmakers said the documents are evidence that companies engaged in anticompetitive behavior, but C…
Aaron Holmes
A startup that you can't even use yet just raised $140 million to take on Amazon
Buyers will be able to get lower prices by combining multiple orders into a single shipment. For ex…
The Man Who Knows Amazon's Brutal Tactics Better Than Anyone Just Sealed $80 Million In Funding For His New Company
Jet is building a new kind of e-commerce experience, uniquely grounded in transparency and customer…
Jillian D'Onfro
Verishop is an online shopping site that combines the convenience of Amazon with better product curation - here's your first look
Subscribe to our newsletter. Find all the best offers at our Coupons page. Disclosure: This p…
Connie Chen,Connie Chen
Amazon Made This Man Wealthy - Here's How His New Company Will Try To Take It On
Buyers will be able to get lower prices by combining multiple orders into a single shipment. For ex…
2 moms started an online kids clothing company that sells colorful, logo-free basics for less than $25
Subscribe to our newsletter. Find all the best offers at our Coupons page. Disclosure: This p…
Connie Chen,Connie Chen
Investors just poured $500 million into Jet.com, the buzzy Amazon-killer that's now worth $1 billion
Jet hit over $1 million in sales on its first day when it launched in July. It was the No. 4 market…