Walmart Set to Lunch Online Grocery Delivery Deal With Rakuten in Japan

The world's largest retailer, Wal-Mart Stores Inc (NYSE:WMT), said on Thursday the service will launch in the latter half of 2018.

Walmart has a new partnership deal with e-commerce firm Rakuten Inc to lunch an online grocery delivery service in Japan.

In Japan, the new service will replace Walmart's existing online grocery delivery offering and will be called "Rakuten Seiyu Netsuper." Seiyu GK is the name of Walmart's wholly-owned Japanese unit.

This service will allow customers to place an order on Rakuten's online marketplace platform, which will then be fulfilled by the Walmart-Rakuten joint venture. Walmart-Rakuten will open a warehouse to service these orders in addition to using Seiyu stores.

Fresh food delivery service

Rakuten CEO Hiroshi Mikitani told reporters in Tokyo -
"We would like to have an alliance in a broader sense, not just in Japan but for our global businesses."

Image source: walmart.ca

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