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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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04-03-2024 19:52:59 (UTC+7)

EUR/USD

1.0847

+0.0010 (+0.09%)

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EUR/USD

1.0847

+0.0010 (+0.09%)

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Moving Avg:

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GBP/USD

1.2677

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USD/JPY

150.43

+0.32 (+0.22%)

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AUD/USD

0.6521

-0.0003 (-0.04%)

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USD/CAD

1.3570

+0.0013 (+0.09%)

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EUR/JPY

163.15

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EUR/CHF

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23.358

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Bayer AG NA

28.45

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251.48

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Adidas AG

186.07

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Deutsche Lufthansa AG

7.063

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181.97

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Deutsche Bank AG

12.530

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Sell (9)

    EUR/USD 1.0847 ↑ Sell  
    GBP/USD 1.2677 ↑ Sell  
    USD/JPY 150.43 ↑ Buy  
    AUD/USD 0.6521 ↑ Sell  
    USD/CAD 1.3570 ↑ Buy  
    EUR/JPY 163.15 ↑ Sell  
    EUR/CHF 0.9598 ↑ Buy  
    Gold 2,091.25 ↑ Buy  
    Silver 23.358 ↑ Buy  
    Copper 3.8703 ↑ Buy  
    Crude Oil WTI 79.61 ↑ Buy  
    Brent Oil 83.28 ↑ Buy  
    Natural Gas 1.962 ↑ Buy  
    US Coffee C 186.05 ↑ Buy  
    Euro Stoxx 50 4,912.45 ↑ Buy  
    S&P 500 5,137.08 ↑ Buy  
    DAX 17,740.50 Neutral  
    FTSE 100 7,635.01 ↑ Sell  
    Hang Seng 16,595.97 ↑ Buy  
    Small Cap 2000 2,076.39 ↑ Buy  
    IBEX 35 10,044.95 ↑ Sell  
    BASF 47.165 ↑ Sell  
    Bayer 28.45 Neutral  
    Allianz 251.48 ↑ Sell  
    Adidas 186.07 Neutral  
    Lufthansa 7.063 ↑ Sell  
    Siemens AG 181.97 Buy  
    Deutsche Bank AG 12.530 ↑ Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,850/ 8,000
(50/ 50) # 1,762
SJC HCM7,840/ 8,040
(60/ 10) # 1,804
SJC Hanoi7,840/ 8,042
(60/ 10) # 1,806
SJC Danang7,840/ 8,042
(60/ 10) # 1,806
SJC Nhatrang7,840/ 8,042
(60/ 10) # 1,806
SJC Cantho7,840/ 8,042
(60/ 10) # 1,806
Cập nhật 04-03-2024 19:53:01
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ↀ Giá vàng thế giới
$2,082.61 -0.87 -0.04%
Live 24 hour Gold Chart
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Sản phẩm Vùng 1 Vùng 2
RON 95-V24.43024.910
RON 95-III23.92024.390
E5 RON 92-II22.75023.200
DO 0.05S20.77021.180
DO 0,001S-V21.76022.190
Dầu hỏa 2-K20.78021.190
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WTI $79.12 +1.67 0.02%
Brent $83.02 +1.31 0.02%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.470,0024.840,00
EUR26.073,4227.504,34
GBP30.457,8531.753,97
JPY159,18168,48
KRW16,0119,41
Cập nhật lúc 18:53:11 04/03/2024
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