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Look out, Amazon: Walmart.com is getting bigger


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https://www.cnn.com/2020/06/15/business/walmart-shopify-online-shopping/index.html 

Look out, Amazon: Walmart.com is getting bigger

Nathaniel Meyersohn byline

By Nathaniel Meyersohn, CNN Business

 

Updated 12:13 PM ET, Mon June 15, 2020

 
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New York (CNN Business)Walmart is partnering with ecommerce platform Shopify to expand its third-party online marketplace as it takes on Amazon (AMZN).

Walmart said it expects to add 1,200 Shopify sellers to Walmart.com this year. Shopify sells tools to businesses to help them run their online stores.
Shares of Shopify (SHOP) rallied around 5% on the news, and shares of Walmart (WMT) ticked up slightly.
"This integration will allow approved Shopify sellers to seamlessly list their items on Walmart.com, which gives Walmart customers access to a broader assortment," Jeff Clementz, vice president of Walmart's marketplace said in a news release. "We are focused on U.S.-based small and medium businesses whose assortment complements ours."
 
 
"Growing our [third-party marketplace] is a strategic priority," added Clementz.
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1 minute ago, afacc123 said:

https://www.cnn.com/2020/06/15/business/walmart-shopify-online-shopping/index.html 

Look out, Amazon: Walmart.com is getting bigger

Nathaniel Meyersohn byline

By Nathaniel Meyersohn, CNN Business

 

Updated 12:13 PM ET, Mon June 15, 2020

 
video_pinned_white_bg.jpg
 
 
200601175950-retail-bankruptcy-exlarge-169.jpg
 

 

 

 
 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Now PlayingAll retail bankruptcies...
 
 

New York (CNN Business)Walmart is partnering with ecommerce platform Shopify to expand its third-party online marketplace as it takes on Amazon (AMZN).

Walmart said it expects to add 1,200 Shopify sellers to Walmart.com this year. Shopify sells tools to businesses to help them run their online stores.
Shares of Shopify (SHOP) rallied around 5% on the news, and shares of Walmart (WMT) ticked up slightly.
"This integration will allow approved Shopify sellers to seamlessly list their items on Walmart.com, which gives Walmart customers access to a broader assortment," Jeff Clementz, vice president of Walmart's marketplace said in a news release. "We are focused on U.S.-based small and medium businesses whose assortment complements ours."
 
 
"Growing our [third-party marketplace] is a strategic priority," added Clementz.

Walmart Shopify ichi e zamana kritam news kada!!

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