Walmart Links Up With Adobe in E-commerce Tech Business Push

The retailer said Wednesday that it will start offering cloud services and a number of other technologies to retailers operating on software company Adobe’s e-commerce platform. In doing so, the retailer said it is entering a “strategic partnership” with Adobe in order to connect Adobe Commerce, its tech business, with Walmart’s own marketplace platform and other e-commerce resources.

“Combining Adobe’s strength in powering commerce experiences with our unmatched omni-customer expertise, we can accelerate other companies’ digital transformations,” he said. Walmart’s latest technology venture comes on the heels of a years-long e-commerce investment push that has accelerated during the ongoing COVID-19 pandemic. Over the past year, Walmart has pushed its home delivery and curbside pick-up services, and introduced the Walmart+ subscription service for faster home deliveries, as the retailer competes with the likes of Amazon Prime.

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Walmart's latest business: Selling its e-commerce tech to other retailersWalmart CEO Doug McMillon has been increasingly interested in expanding his company's profit pools beyond its core retail business. Natural progression. 👏👍🔥 WMS Walmart Web Services Maybe $WMT can be valued as a tech company moving forward lol Locals of Myaing Tsp Basic Education General Strike Committee & the Northern Zone staged a Dawn Strike to overthrow the dictator! MYANMAR BEGS FOR OXYGEN July28Coup WhatsHappeningInMyanmar
Source: CNBC - 🏆 12. / 72 Read more »