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Wal-Mart acquires logistics start-up Parcel to up its same-day delivery game

Wal-Mart Stores Inc (WMT.N) announced on Tuesday that it has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to improve its same-day delivery offering and gain a competitive edge against Amazon.com Inc (AMZN.O). "We plan to leverage Parcel for last mile delivery to customers in New York City – including...

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