Walmart's Tapping Shopify Sellers to Compete With Amazon
Walmart (NYSE: WMT) and Shopify (NYSE: SHOP) are teaming up to give select Shopify sellers the ability to list items on Walmart.com. Walmart's online marketplace is growing quickly -- faster than the 74% overall growth in Walmart's overall e-commerce business last quarter -- but it still trails Amazon (NASDAQ: AMZN) by a wide margin.
Adding top Shopify sellers could help sustain the rapid growth for Walmart, which is essential for turning its e-commerce operations profitable.
Image source: Walmart.
Source Fool.com
