Walmart and Amazon Set to Clash Over E-Commerce Offerings

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By Adhish Luitel | 3Q 2021 | IN-6287

 

Walmart to Monetize its E-Commerce Technology

NEWS


Walmart announced that it plans to monetize the software and retail technologies it has leveraged to convert its business from brick-and-mortar to one that combines both in-person and online shopping for other retailers. Utilizing its strategic partnership with software giant Adobe, Walmart plans to integrate access to its ‘Marketplace’, along with additional online and in-store fulfillment and pickup technologies, into the Adobe Commerce Platform. Per Adobe, these technologies will be made available to both Adobe Commerce and Magento Open-Source customers. The newly inked partnership would enable Walmart to reach thousands of small to mid-sized retailers, and to tap into the same tools and technologies that one of the largest global retailers is using to run their operations. This partnership has the potential to enhance the number of available products sold on Walmart’s Marketplace, which is still largely dwarfed by Amazo...

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