Groceries delivery startup wins extra $271 million in new funding round in November 2018

Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…

Amazon removes $25 free shipping hurdle for U.S. holiday shopping season

The move, is likely to significantly boost competition against Amazon’s competitors such as Walmart Inc and Target Corp. On Monday, in an effort to surge past the competition from rivals, including Walmart inc, Amazon.com stated it would offer free shipping with no purchase minimum for this holiday shopping season. Amazon’s U.S.-only promotion, effective from November…