AL WATHBA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited poet Saif …
Read More »Target to buy Shipt for $550mn, steps up challenge to Amazon
Bloomberg Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Amazon.com Inc. by speeding the rollout of same-day shipping. The all-cash deal will let Target customers order groceries and other goods online, and then have the items sent directly to their doors from nearby Target stores. Buying Shipt further beefs up Target’s …
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