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Costco
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Costco, the U.S.’ largest warehouse club, is now exploring home delivery.The retailer’s model has always focused on brick-and-mortar locations—magical places where Sony 4K TV’s and 300-pack Goldfish boxes sit shelf-by-shelf in perfect harmony. But this past week’s move to delivery was abrupt. Costco began offering two-day delivery online, and sealed a deal with Instacart—the one-day delivery startup. And as most retail stories go these days, Amazon was to blame. Since the e-commerce king swooped up Whole Foods and began discounting, certain offerings have even fallen below Costco’s wholesale prices… …prices that helped Costco weather the retail storm far …
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...and now you can, too. Facebook has released an unsend feature for Messenger that allows you to delete a message from everyone’s view within 10 minutes of sending it.
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Reddit raised million$ in funding and is now valued in billions
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Reddit has raised $200 million in new venture funding and is now valued at $1.8 billion, according to CEO Steve Huffman. The new funding round, the company’s largest ever, should expedite a number of internal product and business efforts, including a redesign of its homepage and its first foray into user-uploaded video, Huffman added in an interview with Recode. The money comes courtesy of a number of well-known Silicon Valley investors, including firms like Andreessen Horowitz and Sequoia Capital, and individual investors like Y Combinator President Sam Altman (also a board member) and SV Angel’s Ron Conway. It also includes money from the hedge fund Coatue, in…
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Since income standards vary widely throughout the world, you can attend a 1 percenter convention and find people across a range of income levels. Bloomberg crunched the numbers... India: $81k China: $105k UK: $290k U.S.: $478k Singapore: $694k UAE: $891k
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