Walmart+ Makes a Move on Amazon Prime

Published by
The Street

By Kirk O’Neil Walmart+ has rolled out an exclusive access event for members that it hopes will encourage new subscribers to sign up. If any retailer is going to ever challenge behemoth Amazon (AMZN) – Get Amazon.com, Inc. Report, the competition will likely come from another giant like Walmart (WMT) – Get Walmart Inc. Report. But the task of taking on Jeff Bezos’s e-commerce juggernaut Amazon Prime is a huge one as Statista estimated in 2020 it had about 200 million members, while Deutsche Bank figured in September that Walmart+ has about 32 million subscribers, according to a CNBC report. Wa…

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