Walmart is developing personal shopping services and cashier-free stores

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Walmart’s Code Eight, led by Rent the Runway co-founder Jennifer Fleiss, has started testing personal shopping services for moms in New York City, Recode reports. Code Eight is part of Walmart’s startup incubator Store No. 8. The idea with Code Eight’s service, according to Recode, is for “busy NYC moms” to get product recommendations and buy them via text message. The shopping service is currently focused on health, beauty, household essentials and apparel/accessories, Recode reports.

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One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China

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JD.com is planning to build 185 drone airports in Southwest China.

The airports will help products reach villagers, while also delivering rural products across China.

This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.

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Chinese Singles’ Day spending blows Black Friday and Cyber Monday out of the water

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Americans see Black Friday and Cyber Monday as the ultimate consumer spending extravaganzas, but the annual “record breaking ” sales days have nothing on China’s so-called Singles’ Day. As we can see in this chart from Statista, Singles’ Day sales make the US Thanksgiving weekend spending look like chump change.

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