(Photo courtesy of Parcel)
Parcel had been working on same-day delivery services, an area Walmart likely wants to improve on with the purchase, which Recode reports was for less than $10 million.
We covered Parcel when it first opened, in 2014. Since then, the company has moved from a consumer facing service to a business-to-business service.
— Brady Dale (@BradyDale) October 3, 2017
Parcel was founded by Jesse Kaplan, who got his entrepreneurial start at Harvard with a late-night coffee shop he launched there, according to the company.