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Walmart’s Black Friday plan caps customer capacity at 20%

Bloomberg Black Friday is known for massive crowds of shoppers elbowing one another aside to get a good deal. At Walmart Inc, that won’t be the case this year. The world’s biggest retailer will limit the number of customers inside its stores to just 20% of usual capacity as the threat of the coronavirus looms over this holiday shopping season. ...

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Instacart valuation jumps to $17.7b

Bloomberg Investors pushed the value of Instacart Inc to $17.7 billion in a new private funding round, more than doubling the valuation of the grocery-delivery startup since the start of the coronavirus pandemic. Valiant Peregrine Fund and Daniel Sundheim’s D1 Capital Partners, two existing investors in Instacart, led the round, the grocery startup said. Instacart plans to use the $200 ...

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Thai protesters face off with police as rally stokes tension

Bloomberg Tens of thousands of Thai protesters defied police barricades and pro-establishment groups in Bangkok on Wednesday for the most tense demonstration yet in a student-led push for greater democracy and less power for the monarchy. The protesters pushed through several blockades made of transit buses, fences and barbed wires during their 2-kilometre march to Government House, the office of ...

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