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Walmart partners with Salesforce to offer GoLocal services to its retail clients

By Siddharth Cavale NEW YORK (Reuters) - Walmart (NYSE:WMT) Inc on Thursday said it has entered into a partnership with software giant Salesforce (NYSE:CRM) to provide its retail...
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By Siddharth Cavale

NEW YORK (Reuters) - Walmart (NYSE:WMT) Inc on Thursday said it has entered into a partnership with software giant Salesforce (NYSE:CRM) to provide its retail customers with store pickup and delivery services using Walmart's vast transportation network.

Retailers and other small to large sized companies which use Salesforce's e-commerce platforms to host and manage their websites, will be able to avail Walmart's GoLocal and Store Assist services as a way to provide faster order pickups and same or next-day deliveries to online customers, the companies said.

Terms of the deal were not disclosed.

Launched in August 2021, GoLocal is Walmart's delivery-as-a-service business that fulfills last-mile shipping needs for businesses at a lower cost than building out their own network, which can be very capital intensive.

Walmart employees pick up orders from local stores or facilities and deliver them to shoppers' doorsteps the same day, much like Instacart and DoorDash.

Since its launch GoLocal has completed more than 3 million deliveries so far, Harsit Patel, vice president at Walmart GoLocal said on a media call.

The Salesforce partnership will also give clients who use the company's "Commerce Cloud" and order management platform access to Store Assist, a Walmart app that helps users manage and track orders and speed up the handing over of online orders to customers or delivery drivers, the companies said.

While adding more revenue streams, the onboarding of more retail clients helps the world's largest retailer operate its fleet more efficiently. More clients mean higher order volumes, pickup locations and increased route density that lowers costs per order.

The companies declined to comment on the number of customers it hopes to sign under this deal. They also did not disclose whether retailers will have to pay per delivery or order.

"Customer expectations are changing. They are expecting seamless online and in-store experiences from everybody," Anshu Bhardwaj, senior vice president, technology strategy and commercialization at Walmart Global Technology said on the call.

"This (partnership) helps them move into a digital-led hybrid world much faster."

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XM nhan 5k net_home_top Ai VIF
01-12-2023 10:15:29 (UTC+7)

EUR/USD

1.0908

+0.0022 (+0.20%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (2)

EUR/USD

1.0908

+0.0022 (+0.20%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (2)

GBP/USD

1.2647

+0.0025 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

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Buy (5)

Sell (3)

USD/JPY

148.02

-0.17 (-0.11%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

AUD/USD

0.6611

+0.0006 (+0.09%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (5)

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USD/CAD

1.3543

-0.0019 (-0.14%)

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↑ Buy

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EUR/JPY

161.46

+0.10 (+0.06%)

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↑ Buy

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Buy (11)

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Buy (7)

Sell (1)

EUR/CHF

0.9536

+0.0007 (+0.07%)

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Buy (0)

Sell (8)

Gold Futures

2,042.30

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Silver Futures

25.315

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US Coffee C Futures

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US Small Cap 2000

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10,058.20

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42.685

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Bayer AG NA

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Adidas AG

192.14

-0.58 (-0.30%)

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Deutsche Lufthansa AG

7.980

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Siemens AG Class N

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Deutsche Bank AG

11.426

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Sell (1)

    EUR/USD 1.0908 Buy  
    GBP/USD 1.2647 Neutral  
    USD/JPY 148.02 Buy  
    AUD/USD 0.6611 Neutral  
    USD/CAD 1.3543 ↑ Buy  
    EUR/JPY 161.46 ↑ Buy  
    EUR/CHF 0.9536 ↑ Sell  
    Gold 2,042.30 Buy  
    Silver 25.315 Buy  
    Copper 3.8598 ↑ Sell  
    Crude Oil WTI 75.67 ↑ Sell  
    Brent Oil 80.41 ↑ Sell  
    Natural Gas 2.801 ↑ Sell  
    US Coffee C 185.65 ↑ Buy  
    Euro Stoxx 50 4,381.15 ↑ Sell  
    S&P 500 4,567.80 ↑ Buy  
    DAX 16,215.43 ↑ Sell  
    FTSE 100 7,453.75 Buy  
    Hang Seng 16,983.00 ↑ Buy  
    Small Cap 2000 1,807.15 ↑ Buy  
    IBEX 35 10,058.20 ↑ Sell  
    BASF 42.685 ↑ Sell  
    Bayer 31.36 ↑ Buy  
    Allianz 230.60 ↑ Buy  
    Adidas 192.14 ↑ Sell  
    Lufthansa 7.980 ↑ Buy  
    Siemens AG 154.00 ↑ Buy  
    Deutsche Bank AG 11.426 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,240/ 7,340
(-10/ -10) # 1,331
SJC HCM7,230/ 7,350
(-10/ -10) # 1,341
SJC Hanoi7,230/ 7,352
(-10/ -10) # 1,343
SJC Danang7,230/ 7,352
(-10/ -10) # 1,343
SJC Nhatrang7,230/ 7,352
(-10/ -10) # 1,343
SJC Cantho7,230/ 7,352
(-10/ -10) # 1,343
Cập nhật 01-12-2023 10:10:28
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$2,040.67 -3.99 -0.20%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V23.68024.150
RON 95-III22.99023.440
E5 RON 92-II21.79022.220
DO 0.05S20.19020.590
DO 0,001S-V21.59022.020
Dầu hỏa 2-K21.11021.530
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WTI $75.77 +0.48 0.01%
Brent $80.43 +0.37 0.00%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.070,0024.440,00
EUR25.775,6527.190,95
GBP29.895,0331.168,03
JPY159,60168,95
KRW16,1519,58
Cập nhật lúc 10:05:38 01/12/2023
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