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CNBC: Walmart in Talks to Acquire Israeli Startup to Combat Counterfeits
Walmart aims to enhance trust and safety on its growing third-party marketplace with AI tools from R&A Data, a startup founded by former Israeli intelligence officers.
- Recently, Walmart entered talks to acquire R&A Data, an Israeli AI startup that uses artificial intelligence to reduce marketplace scams and counterfeits, people familiar with the matter said.
- Walmart's third-party marketplace has become central to growth as U.S. e-commerce grew 25% in its most recently reported quarter, adding hundreds of millions of listings and increasing screening needs, while R&A Data worked as a vendor since at least 2024.
- Timing aligns with leadership transition and an upcoming earnings report as people familiar say acquiring R&A could help Walmart monitor hundreds of millions of listings ahead of fiscal third-quarter earnings Thursday.
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CNBC: Walmart in Talks to Acquire Israeli Startup to Combat Counterfeits
NEW YORK – CNBC reports that Walmart is in discussions to acquire R&A Data, an Israeli-founded tech startup that uses artificial intelligence to monitor online marketplaces for scams, counterfeits, and compliance issues. The potential acquisition comes as John Furner prepares to take over as CEO, and Walmart continues expanding its third-party marketplace, which has become […]
Coverage Details
Total News Sources5
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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