Packs ECMAScript/CommonJs/AMD modules for the browser. Allows you to split your codebase into multiple bundles, which can be loaded on demand. Supports loaders to preprocess files, i.e. json, jsx, es7, css, less, ... and your custom stuff.
Material UI is an open-source React component library that implements Google's Material Design. It's comprehensive and can be used in production out of the box.