philip lelyveld The world of entertainment technology

1Aug/21Off

Could Walmart Become The Next Tech Giant?

That’s precisely what Walmart (NYSE: WMT) is doing. The world’s largest retailer announced Wednesday that it will now begin offering subscriptions to its proprietary e-commerce “technologies and capabilities” to small and midsized businesses, teaming with Adobe (NASDAQ: ADBE) to integrate its Marketplace, pickup technologies and online and in-store fulfillment into the software giant’s Adobe Commerce platform.

“We’ve built new capabilities to serve the evolving needs of our own customers, and we have a unique opportunity to use our experience to help other businesses do the same,” said John Furner, CEO of Walmart U.S. “Commercializing our technologies and capabilities helps us sustainably reinvest back into our customer value proposition.”

See the full story here: https://sportsgrindentertainment.com/could-walmart-become-the-next-tech-giant/

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