Walmart is reportedly preparing to take on Amazon Prime
Walmart is developing a fast home delivery service that it hopes can rival Amazon Prime, The Information reports. Codenamed “Tahoe,” the service will serve to grow the retail company’s e-commerce business, and is said to be launching this summer.
According to the report, “Tahoe” was initially slated to launch last winter, but was delayed due to unspecified technical issues. The new service will be subscription-based but cheaper than Prime, which carries a $99 yearly fee. That’s likely because Walmart doesn’t plan on offering streaming video.
Source:: The Verge