Walmart Labs buys two startups to spruce up its customer service

Date posted: Wednesday 10 July 2019

Walmart Labs has bought two startups to strengthen its customer service. The technology arm of the US retail giant has acqui-hired health tech startup FloCare and B2B wholesale trading platform BigTrade, for undisclosed amounts. As part of the latest transaction, some founders and team members of the two companies will join Walmart Labs in the customer and supply chain technology teams, respectively. Karthik G., Piyush Madan and Varsha Patil from FloCare who part of the core engineering team have already joined the customer technology team at Walmart Labs. They will work in the health and wellness space and digitization of retail services.

(Dealstreet Asia)