Walmart’s stocks leapt nearly seven per cent yesterday after it was reported that it plans to launch its answer to Amazon Prime this month.
Walmart Plus is set to launch over the next few weeks, according to Recode, which will see the US’ largest physical retailer directly challenge the US’ largest online retailer.
The retailer had originally planned to launch the service, which is expected to cost $98 per year and offer unlimited same-day deliveries, in March but this was postponed due to the pandemic.
