Home » IT

Walmart to start promoting e-books, e-readers by Japanese companion

29 January, 2018, 05:44 | Author: Lydia Fleming
  • Walmart Is Bringing the Fight to Amazon's Turf: E-books

The deal "enables us to quickly and efficiently launch a full eBook and audiobook catalog on Walmart.com", Scott Hilton, chief revenue officer for Wal-Mart's USA e-commerce unit, wrote in a blog post Thursday.

"Rakuten is a strong e-commerce business and we're excited to collaborate with the top online shopping destination in Japan", McMillon said.

A tweet from Rakuten said the alignment with Walmart will make a difference in online grocery delivery and e-reading.

RakutenĀ“s will be available through a smartphone and desktop app.

The collaboration will also allow Walmart to take direct aim at Amazon.com Inc.'s Kindle by bringing Rakuten-owned Kobo's e-reader to its US stores, along with a catalog of almost 6 million e-book and audiobook titles to Walmart.com customers.

Noting Rakuten's strengths in e-commerce, McMillon said Walmart looks forward to boosting its grocery footprint in Japan.

Walmart, the U.S. retail giant has announced that it will partner with Rakuten to launch a new online grocery delivery service in Japan.

Ready to get started?

US-based Walmart, the world's largest retailer, said the service will launch in the latter half 2018.

It's not the first time Walmart teams up with a local e-commerce leader in a market it wants to grow in: the company teams up in China with JD.com, and now offers one-hour delivery form 140 stores there. A dedicated Rakuten Seiyu Netsuper fulfilment centre will also be created. Rakuten will completely replace Walmart's existing delivery service for groceries.

But the 21-year-old company has little cachet outside its home market, so CEO Hiroshi Mikitani has made investments overseas, with moves including a $1 billion deal for online coupon service Ebates and a stake in ride-sharing service Lyft.

"It's been a while since we've been active in the USA market", Rakuten Kobo CEO Michael Tamblyn said in an interview.

Founded as an online marketplace and now providing ecommerce, fintech, digital content and communications services to more than 1 billion members around the world, the Rakuten Group has more than 14,000 employees, and operations in 29 countries and regions.

In 2002, Walmart acquired a 6.1 percent stake in Seiyu, one of the largest supermarket chains in Japan. Kobo offers almost 6 million titles from thousands of publishers. Rakuten, if you remember, snapped up Canadian Kindle-competitor Kobo in a $315 million deal back in 2011, before rebranding it as Rakuten Kobo a few years later.


  • French climber saved on 'killer mountain' in dramatic rescue

    French climber saved on 'killer mountain' in dramatic rescue

    Estimates of the number of people who have died trying to climb Nanga Parbat vary, but it is believed to be more than 60. Masha Gordon, coordinator of a crowdfunding campaign to finance the rescue, was thrilled that Revol had been found.
    Stocks fall as the euro strengthens

    Stocks fall as the euro strengthens

    The ECB is expected to hold its main refi rate at a record low zero percent and the deposit rate at -0.40 percent. A stronger euro makes it more hard for eurozone nations to sell their products and services overseas .
    John Elway impressed with Baker Mayfield, knows tough decisions loom at receiver

    John Elway impressed with Baker Mayfield, knows tough decisions loom at receiver

    In fact, he was reminded of that before a Senior Bowl practice, according to a very amusing account from Sports Illustrated. USC's Sam Darnold , Lamar Jackson from Louisville and Josh Rosen of UCLA, are also highly-regarded quarterbacks.
  • Saudi billionaire Prince Al-Waleed freed after 'settlement'

    Saudi billionaire Prince Al-Waleed freed after 'settlement'

    He showed Reuters around his large hotel suite, including his private office, pantry, entrance hall and dining room. The source also confirmed that Al-Waleed was still the head of his company, the publicly listed Kingdom Holding .
    Four killed in shooting at Pennsylvania vehicle  wash, suspect in critical condition

    Four killed in shooting at Pennsylvania vehicle wash, suspect in critical condition

    State police say at least five people were killed in a shooting at a Pennsylvania auto wash. Two victims died inside a vehicle and two were found outside in the auto wash's parking lot.
    Samsung Galaxy S9 and S9

    Samsung Galaxy S9 and S9

    The new S series flagships appear to carry forward the S8's design and aesthetics but embrace new internals. The Galaxy S9 will come with a single rear camera setup, 4GB of RAM and 64GB of internal storage.
  • All the FAQs about the IPL auction

    All the FAQs about the IPL auction

    Yuvraj Singh, the indispensable all-rounder for the Kings XI Punjab , was bought for Rs 2 crore, as was Karun Nair and K.L. But the IPL chose to align the auction to the return of Chennai Super Kings and the Rajasthan Royals and delay it to 2018.
    Elton John Will Bring Retirement Tour To Dallas

    Elton John Will Bring Retirement Tour To Dallas

    John made the announcement at an event in NY in which he sat at a piano and performed "Tiny Dancer" and " I'm Still Standing ". The singer said he had made the decision to dedicate more time to raising his children.
    Cat wins $700000 in lawsuit over company's use of feline in advertising

    Cat wins $700000 in lawsuit over company's use of feline in advertising

    She has travelled the world making television appearances and in 2014, the cat even starred in her own Christmas film. Grumpy Cat's Facebook page has attracted 8.7 million followers and boasts an Instagram of a couple million more.
  • Mauricio Pochettino still chasing transfer targets as window ticks down

    Mauricio Pochettino still chasing transfer targets as window ticks down

    Spurs failed to beat a fourth tier side in an FA Cup match for the first time since January 1996, when they drew away at Hereford United.
    Chelsea performances keeping Antonio Conte awake at night

    Chelsea performances keeping Antonio Conte awake at night

    Playing 36 Premier League games for Everton last season, Barkley was the Toffees' key creator with 84 chances created. Conte downplayed the severity of the Willian injury, saying: "I don't think we are talking about a serious injury".
    Senate Probe Concludes Opioids from China Enter US By Mail

    Senate Probe Concludes Opioids from China Enter US By Mail

    Senate investigators explained that their report entailed a year-long probe into just six websites affiliated with Chinese labs. In one case, the investigators traced orders from an online seller in China to a MI man who wired $200 in November 2016.


Trump says he didn't order Mueller's firing
At that time he had yet to call on any major witnesses to testify and had not yet issued any charges or signed any plea deals. But Mueller swiftly removed the agent, Peter Strzok , from his probe after learning about his texts.

Kashmir: FIR Filed Against Army Over Killing of Two Civilians in Shopian
He claimed that the locals tried to "snatch weapons from army jawans" and they "took the preventive measure". Private vehicles, however, were plying in Srinagar's Civil Lines area.

Eagles Take Flight To Minnesota; Fans Give Team Super Sendoff
Brady threw two interceptions in that game, including one that Malcolm Jenkins returned 99 yards for a touchdown. Rosenhaus said the team is underrated. "We go over every type of situation that you can think of", Harmon said.

UPA handled our leaders equally: BJP on sixth row seat for Rahul
Chief Minister Siddaramaiah will also be a member of the committee which includes all top Congress leaders of the state. Government sources said that as per the protocol, the Leader of Opposition is accorded a seat in the seventh row.

Tom Cruise reveals footage of ankle injury from failed Mission Impossible stunt
She said: "I suffer from vertigo and I really didn't know what I was saying yes to". "It's not fully healed, but we're shooting". What was not supposed to happen was how his ankle hit the outside of the building.

Tiger Woods still shaking off the rust on competitive return
Now, no one is sure what to expect. "It was fun to compete again, it's fun to be out there", Woods told Golf Channel. The two-course rotation obviously permits a field that large even during a time of year with limited daylight.

Woods has 'tempered expectations' ahead of PGA Tour return
To be honest with you, I just want to start playing on the Tour and getting into a rhythm of playing a schedule again. Will Woods withdraw during the tournament? "I'm going to grind, give it everything I possibly have".

Republican Pennsylvania Rep. Pat Meehan won't seek re-election
But after the woman became involved in a serious relationship with someone outside the office a year ago , Mr. The House Ethics committee has also opened an investigation into Meehan's handling of the claim .

ESPN report accuses MSU Athletic Dept. of covering up sex assaults
He went on to say he consulted with his family, colleagues, student athletes and more, and announced his retirement . Throughout my career, I have consistently and persistently spoken and worked on behalf of Team MSU.

Leading member of German far-right party resigns after converting to Islam
It appears he had only recently converted to Islam, and he resigned from his position on January 11 for "private reasons". It argued that increasing the number of Muslims in the country was a danger to Germany's state, society and values.