Walmart, Google team up on voice shopping
Walmart and Google are teaming up to offer customers the ability to order Walmart’s products by voice with the help of the Google Assistant platform. Marc Lore, president and CEO of Walmart e-Commerce, said on Wednesday that the retail giant would be working with Google to “offer hundreds of thousands of items for voice shopping via Google Assistant”, starting in late September. One of the primary uses for voice shopping will be the ability to build a basket of previously purchased everyday essentials. “That’s why we decided to deeply integrate our Easy Reorder feature into Google Express,” said Lore. “This will enable us to deliver highly personalized shopping recommendations based on customers’ previous purchases, including those made in Walmart stores and on Walmart.com. To take advantage of this personalization, customers only need to link their Walmart account to Google Express,” Lore added. expect to close the deal before the end of this year. The deal is the biggest in the retail industry this year. Given that Amazon’s shareholders don’t need to sign off the deal, the acquisition is now subject to regulatory approval. Initially an online bookstore when it was launched in 1994, Amazon is now the most valuable retailer in the United States by market capitalization. Backed by its express delivery network, it has entered the US grocery market with limited success through its online platform in recent years under the brand AmazonFresh. speech at the Lindau Nobel Laureate Meeting on Economic Sciences, saying that central banks can continue pursuing their price stability mandates even in the most adverse circumstances, as long as they are willing to explore non-standard policy avenues including forward guidance and large-scale asset purchase. “While forward guidance is a useful instrument, recent research has highlighted that its effectiveness can be improved if combined with other non-standard monetary policies,” he added.