Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com

With the objective of capitalizing on the booming online shopping, Rakuten and Seiyu GK, a subsidiary of Walmart have reached a new agreement to launch “Rakuten Seiyu Netsuper”, a new online grocery delivery service in Japan. The service is likely to be launched in the latter half of 2018. Through the partnership both the companies will not only look to increase fulfillment capacity but will also provide “quality” and “low prices” services.

The company’s deal with Rakuten gives an indication that the company has chalked out a new formula to increase international presence. Wal-Mart, which remains committed toward achieving growth across all its markets; on the back of fresh products, expansion of online grocery and private brands is likely to gain from the deal..

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Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com