Shopify and Walmart Team Up to Take On Amazon

Canadian e-commerce specialist Shopify (NYSE: SHOP) keeps saying that it isn't trying to compete directly with Amazon.com (NASDAQ: AMZN), yet it continues to make moves that increasingly put the company on a collision course with The Everything Store -- including the recent launch of the Shop app, which helps users discover merchant stores on the Shopify platform.

In a potentially game-changing deal announced earlier this week, Shopify said it is partnering with one of Amazon's biggest rivals: Walmart (NYSE: WMT).

Image source: Shopify.

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Source Fool.com