The investment firm boosted exposure in the hot industrial-space category and shifted out of the retail and traditional office space.
The online platform, which calls itself a social shopping marketplace, combines all of retails hottest trends, but future growth could be costly.
U.S.-based companies offering services over the internet, including startups selling software tools and services for artificial intelligence and cybersecurity, as well as e-commerce providers, landed $15.3 billion in funding across 687 financing deals in the fourth quarter of 2020.
The Jet.com founder joined Walmart in 2016 after it bought his startup and pushed the bricks-and-mortar giant to ramp up its online offerings.
Smartphone giant Xiaomi became the latest Chinese technology group to be targeted by the Trump administration, with its surprise addition to an investment blacklist sending its shares sharply lower.
Apple removed social-media platform Wimkin from its App Store, part of a crackdown by tech companies on potentially dangerous content during the presidential transition. The small site, which markets itself as a free-speech haven, had hosted posts that included a call for civil war.
The secondhand-goods marketplace is the latest e-commerce site to tap the buoyant initial public offering market, while the pandemic squeezes brick-and-mortar retailers.
Alibaba, Baidu, and Tencent were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support Chinas military, intelligence and security services.
The popular online brokerage abruptly curbed trading in cryptocurrencies just as bitcoin hit a record, catching investors in one of the hottest corners of the market off guard.
New approach to semiconductors, developed partly with the Pentagons backing, could threaten Intel and Arms dominance.
Amazon said it would stop providing cloud services to the platform and Apple suspended Parler from its App Store, sharply escalating a campaign by tech giants to regulate content they see as dangerous in the wake of the Capitol riot.
Amazon and Walmart have found that for some goods, it is often cheaper to refund the purchase price and let customers keep the products.