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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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05-06-2023 07:12:27 (UTC+7)

EUR/USD

1.0694

-0.0016 (-0.15%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (5)

EUR/USD

1.0694

-0.0016 (-0.15%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (5)

GBP/USD

1.2430

-0.0027 (-0.22%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

USD/JPY

140.11

+0.12 (+0.09%)

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↑ Sell

Moving Avg:

Buy (2)

Sell (10)

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Buy (0)

Sell (10)

AUD/USD

0.6598

-0.0020 (-0.30%)

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↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

USD/CAD

1.3432

+0.0008 (+0.06%)

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↑ Buy

Moving Avg:

Buy (7)

Sell (5)

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Buy (6)

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EUR/JPY

149.84

-0.09 (-0.06%)

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↑ Sell

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Sell (10)

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Buy (0)

Sell (11)

EUR/CHF

0.9733

+0.0001 (+0.01%)

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Gold Futures

1,964.45

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Silver Futures

23.668

-0.079 (-0.33%)

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Copper Futures

3.7138

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Crude Oil WTI Futures

73.17

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Brent Oil Futures

77.67

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2.197

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US Coffee C Futures

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Euro Stoxx 50

4,323.52

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S&P 500

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18,949.94

+733.03 (+4.02%)

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US Small Cap 2000

1,830.91

+62.97 (+3.56%)

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IBEX 35

9,317.30

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46.790

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Bayer AG NA

52.61

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Allianz SE VNA O.N.

210.15

+5.95 (+2.91%)

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Moving Avg:

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Sell (6)

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Adidas AG

159.52

+8.78 (+5.82%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

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Buy (4)

Sell (2)

Deutsche Lufthansa AG

9.303

+0.146 (+1.59%)

Summary

Buy

Moving Avg:

Buy (12)

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Buy (3)

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Siemens AG Class N

159.28

+2.60 (+1.66%)

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Moving Avg:

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Deutsche Bank AG

9.862

+0.284 (+2.97%)

Summary

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Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (9)

    EUR/USD 1.0694 Sell  
    GBP/USD 1.2430 ↑ Sell  
    USD/JPY 140.11 ↑ Sell  
    AUD/USD 0.6598 ↑ Sell  
    USD/CAD 1.3432 ↑ Buy  
    EUR/JPY 149.84 ↑ Sell  
    EUR/CHF 0.9733 ↑ Buy  
    Gold 1,964.45 ↑ Sell  
    Silver 23.668 ↑ Buy  
    Copper 3.7138 ↑ Sell  
    Crude Oil WTI 73.17 ↑ Sell  
    Brent Oil 77.67 Buy  
    Natural Gas 2.197 ↑ Sell  
    US Coffee C 180.60 ↑ Sell  
    Euro Stoxx 50 4,323.52 ↑ Buy  
    S&P 500 4,282.37 ↑ Sell  
    DAX 16,051.23 ↑ Sell  
    FTSE 100 7,607.28 Sell  
    Hang Seng 18,949.94 ↑ Buy  
    Small Cap 2000 1,830.91 ↑ Buy  
    IBEX 35 9,317.30 Buy  
    BASF 46.790 ↑ Sell  
    Bayer 52.61 ↑ Buy  
    Allianz 210.15 Sell  
    Adidas 159.52 Buy  
    Lufthansa 9.303 Buy  
    Siemens AG 159.28 ↑ Buy  
    Deutsche Bank AG 9.862 Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,690
(6,650/ 6,690) # 1,061
SJC HCM6,635/ 6,705
(0/ 0) # 1,076
SJC Hanoi6,635/ 6,707
(0/ 0) # 1,078
SJC Danang6,635/ 6,707
(0/ 0) # 1,078
SJC Nhatrang6,635/ 6,707
(0/ 0) # 1,078
SJC Cantho6,635/ 6,707
(0/ 0) # 1,078
Cập nhật 05-06-2023 07:12:30
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ↀ Giá vàng thế giới
$1,948.69 +0.45 0.02%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V22.79023.240
RON 95-III22.01022.450
E5 RON 92-II20.87021.280
DO 0.05S17.94018.290
DO 0,001S-V18.80019.170
Dầu hỏa 2-K17.77018.120
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WTI $73.21 -7.31 -0.09%
Brent $77.60 -7.03 -0.08%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.280,0023.650,00
EUR24.613,3825.991,59
GBP28.653,4729.875,26
JPY164,43174,07
KRW15,4818,86
Cập nhật lúc 07:10:00 05/06/2023
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