Walmart, the world’s largest retailer started its first e-commerce pilot for business to business format in India’s Lucknow and Hyderabad on Tuesday. The day began with about 1,000 people, including members and new users being trained through spot workshops in two cities to adopt the e-portal for shopping, it is learnt.
This is Walmart’s first such plunge into launching the wholesale cash and carry business online. Globally, Walmart has operations in 11,000 retail units under 71 banners in 27 countries. Through its e-commerce pilot Walmart is targeting over 30,000 people to switch to the online platform in India. The company is targeting local kirana shops and other merchants within a radius of 40-50 km from the store compared to the current reach of about 20-30 km.
(Source: Business Standard )