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image: Carlos Delgado/AP Images/Store No 8

Walmart’s Latest Is Acquisition Is a Virtual Reality Startup

February 6, 2018

Via: Fortune

Walmart’s (WMT, +0.12%) tech shopping spree continues apace.

The big box discount chain said in a blog post early Tuesday that it had bought a virtual reality startup, Spatialand, as a cornerstone of its strategy to develop technology that it’s betting will eventually reshape how shopping takes places both in its stores and online. It is the latest acquisition by Walmart, which in the last year and a half has bought digital businesses ranging from big like Jet.com to much smaller ones such as online retailer Modcloth.

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