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During 2Q16, $JD extended its leadership in fulfillment capabilities among China's e-commerce companies. As of June 30, 2016, $JD operated 234 warehouses with aggregate gross floor area of about 5.2MM square meters and total of 6,756 delivery stations and pickup stations across China, and its delivery network covered 2,639 counties and districts.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.