Walmart said on Tuesday that it would provide marketplace sellers with its services to handle transportation of their goods from Asia directly to its US warehouses, as well as fulfil orders and manage returns from any e-commerce website, in a new approach to bolstering its marketplace business ahead of the holiday season.
Read the full article on the Reuters website
NAM Implications:
- Given online profitability is all about scale…
- (and Walmart, of all things, is about scale)
- …this additional service will appeal to online sellers.
- Also a major signal of escalating competition vs Amazon.
- Interesting, even for spectators!
