Dossier
Walmart Connect
Coverage of Walmart Connect in the Nexus archive.
- Walmart’s $1.4 billion Vibe.co deal is a direct shot at Amazon’s booming ad business
Walmart acquired Vibe.co, a French ad-tech firm, for $1.4 billion to compete with Amazon’s advertising business. The deal aims to expand Walmart’s digital-advertising capabilities, particularly for small and medium advertisers, and follows its 2024 acquisition of connected-TV maker Vizio. Walmart’s CEO John Furner is prioritizing growth in non-retail businesses like advertising to challenge Amazon’s market dominance.
- Walmart buys advertising tech firm Vibe.co
Walmart is acquiring Vibe.co, a French advertising-technology firm, for $1.4 billion to enhance its Walmart Connect advertising solutions. The deal includes $1.2 billion in cash and $180 million in executive compensation, aiming to attract small- and medium-sized advertisers.