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Wednesday, September 02, 2020 2:42:21 AM
I was reading this below.
Walmart’s e-commerce branch alone employs more than 3,000 technologists from Silicon Valley to India, England and South America. Multi-terabytes of new data are collected each day. And that is combined with petabytes of historical data. All covering millions of products and hundreds of millions of customers around the world. Walmart+ will offer same-day grocery delivery and fast delivery of a huge variety of other items, as well as exclusive savings. Walmart+ will offer gas station discounts and automated checkout inside stores.
Walmart is also betting on drones as the delivery wars in the US heat up. According to The Financial Times, the Arkansas-based chain is on track to file more drone patents than Amazon for the second year running.
It has filed 97 new drone patents with the World Intellectual Property Organisation since July 2018. According to research by accounting firm BDO, in the same period, Amazon registered 54 product ideas.
Walmart's interest in drones comes as the two retailers go head-to-head to offer low-cost and speedy delivery for customers shopping online.
I agree that Walmart is definitely copying Amazon at every turn. This is why I ask how much of a threat they are, but why would Walmart reinvent the wheel if Amazon has already shown them the way to profitability?
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