The platform provides high-end global brands in the luxury lifestyle market in China and delivers products through the JD Luxury Express white glove delivery service.
The partnership enables Ermenegildo Zegna to expand its e-commerce presence in China.
Both the firms will together build advanced automation facilities to fully automate the warehouses of Fast Retailing in Japan and the rest of the world.
The companies will also create a new logistics systems for the rapid delivery of products to customers and increase the productivity of the automation facilities.
Kroger is a supermarket retailer, while Walgreens is a pharmacy store chain operator. Both the companies involved in the transaction are based in the US.
Kroger store brands such as Simple Truth and Our Brands will be among the available products.
Bluestar Alliance has won a $43m bid to buy intellectual property (IP) and related assets of Brookstone for $80m.
Based in the US, Brookstone is a gift retailer, while Bluestar is a brand development company that owns and manages consumer retail brands Tahari, Bebe, Kensie , Catherine Malandrino, Nanette Lepore, Joan Vass, and Michael Bastian, as well as English Laundry and Limited Too.
Bluestar placed a bid to buy Brookstone in August 2018.
The round also involved the participation of Beijing Wenhua Haihui , Shenzhen Huanuo Innovation and HUA Partners.
Based in China, ICHunt.com is a business-to-business (B2B) trading platform for integrated circuit electronic components.
Deliverr has secured $7.1m through a Series A funding round led by 8VC.
The other participants in the funding round included Zola’s founder Shan-Lyn Ma, Flexport ‘s CEO Ryan Petersen, and other unnamed investors.
Droom has raised $30m through a Series E funding round led by Joe Hirao, the founder of ZIGExN.
Based in India, Droom is an online marketplace for buying and selling new and used automobiles.
The latest round brings the total funding secured by Droom to $125m.