Walmart acquires Williamsburg shipping startup Parcel - Brooklyn


Oct. 3, 2017 12:43 pm

Walmart acquires Williamsburg shipping startup Parcel

The same-day shipping service will join the retail behemoth in a deal reported to be worth about $10 million.

Packages ready to be Parcel'd out to customers.

(Photo courtesy of Parcel)

Nearly three years since opening up for business, Brooklyn’s Parcel has been acquired by Walmart, according to a report in Recode.

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.

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.

Read the full story -30-


Check out the 3 Brooklyn startups featured in WeWork’s new WeMRKT

Report: Citi Bike operator might get bought by Lyft

Toothbrush startup quip acquires its way into the insurance game



You can win up to $360,000 at the WeWork Creator Awards

Philadelphia, PA (or surrounding areas)

Technically Media

Events Coordinator

Apply Now
Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now

Would you lease a car on Seamless? This Brooklyn startup thinks so

WeWork buys Meetup

With WeWork and Flatiron School merger, coding bootcamps are set to proliferate



Explore how diverse teams build dynamic products with Dev Bootcamp

Sign-up for daily news updates from

Do NOT follow this link or you will be banned from the site!