Marc Lore

Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?
Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?
March 25, 2024  |  Walmart

Last Saturday (March 23), legendary fashion designer Diane Von Furstenberg made her exclusive collection of 200 clothing, baby and household items available for shoppers to...

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Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
March 19, 2024  |  Investments

Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder,...

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Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
September 29, 2023  |  Acquisitions

As competition for consumers’ meal delivery spend heats up across businesses ranging from direct-to-consumer (D2C) sites and major food brands to restaurants and aggregators, Wonder...

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Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
September 29, 2023  |  Acquisitions

Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining...

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Taylor Swift Jam Puts Ticketmaster on Defense as Jump and Others Make Moves in Ticketing
Taylor Swift Jam Puts Ticketmaster on Defense as Jump and Others Make Moves in Ticketing
March 21, 2023  |  Ecosystems

A Taylor Swift ticketing dustup late last year has put an unwelcome spotlight on the event ticketing sector at a time when changes are coming...

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Marc Lore’s ‘Wonder’ Pivots as Funding Dwindles for Costly Startups
Marc Lore’s ‘Wonder’ Pivots as Funding Dwindles for Costly Startups
January 10, 2023  |  ResTech

Marc Lore’s would-be disruptive restaurant tech startup is changing course amid a difficult market. The Jet.com co-founder’s food company Wonder, which was initially intended to...

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Marc Lore’s Wonder Ghost Kitchen Concept One-Ups Aggregators With Doorside Food Prep
Marc Lore’s Wonder Ghost Kitchen Concept One-Ups Aggregators With Doorside Food Prep
December 14, 2021  |  Restaurant innovation

To keep the mobile restaurant delivery sector healthy and growing requires a stream of fresh concepts, with the power of experience and personalization providing much...

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Is Marc Lore’s City of Telosa a Blueprint For Smart City Success?
Is Marc Lore’s City of Telosa a Blueprint For Smart City Success?
December 08, 2021  |  Innovation

Purpose-built smart cities are seen as the ultimate fruition of connected living — at least as they’re depicted in movies and TV shows. Not surprisingly,...

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Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
January 18, 2021  |  News

In today’s top news, Biden is bringing in the FTC’s Rohit Chopra to lead the CFPB, and Jet.com Founder Marc Lore is retiring from Walmart....

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