Wednesday, August 15th, 2018


Kroger Teams up with Alibaba
Krogers Press Release
Walmart/Flipkart Press Release

The company announced that it is piloting a move to sell its products on Alibaba’s Tmall Global platform.

The company looks to provide access to its Simple Truth brand to more than half a billion Chinese consumers.

Kroger’s international expansion plans come months after Walmart recently announced that it purchased a stake in Flipkart, an India-based eCommerce retailer.


Airbnb Looks to Expand its Branded Apartment Complexes
Bloomberg

Bloomberg reports that Airbnb plans to reportedly open up to 14 new home sharing apartment complexes by 2020 under its partnership with the development company, Niido.

Niido looks to lease to long-term renters and short-term visitors.

The apartment complex has already launched a 324-unit complex in Florida with plans to expand to Nashville as its second location.


Facebook Acqui-hires Vidpresso
Vidpresso Announcement
TechCrunch

Vidpresso announced that it is now part of Facebook.

TechCrunch reports that the 7-person Utah-based startup makes it easy for publishers to create engaging content in the form of a polls, comments, and a graphics layer on top of video streams.

The acquisition looks to bring this technology to the broader Facebook community so creators can have more ways to interact with their audiences.

Terms of the deal were not disclosed.