Walmart partners with Shopify to expand online marketplace business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Walmart Inc said on Monday it has partnered with e-commerce firm Shopify Inc , as it looks to expand its online marketplace business and cash in on the coronavirus-driven jump in online shopping.

), as it looks to expand its online marketplace business and cash in on the coronavirus-driven jump in online shopping.

Online sales at retailers, from cosmetics makers to pizza chains, have boomed in the wake of the COVID-19 pandemic, which has forced customers to stay indoors. Bentonville, Arkansas-based Walmart said it expects to add 1,200 Shopify sellers to its marketplace this year and the partnership was focused on adding small- and medium-sized U.S. businesses to its platform, Walmart.com.

Last month, the company reported a 74% surge in quarterly e-commerce sales and discontinued operations at e-commerce start-up Jet.com, which it had acquired for $3.3 billion in 2016. U.S.-listed shares of Shopify rose about 3% in pre-market trading. They have soared 87% so far this year.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Does this mean Walmart will deliver a wider variety of groceries to homes?

And in Mexico... Walmart paid taxes for the first time! Now that the corrupt regimes of old, (who could easily be bought) were overwhelmingly voted out of office, in this third world country with crushing poverty, where Walmart earns millions if not billions.

Good bye small businesses.

Booo

BREAKING :- 18 earthquake in 24 Hours near Gujarat in India... earthquakeingujarat

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

How to create an ecommerce store on Shopify and integrate it with apps - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. A man in Pennsylvania sells live crickets to reptile owners via dropshipping.Finding a niche market would be helpful to get the first jump.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

How Google and Slack are expanding their enterprise workspace portfolios - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. QueenElizabeth II celebrated her birthday version of the traditional 'Trooping the Colour' ceremony due to the coronavirus pandemic...
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »