Four reasons Walmart wants to buy smart TV maker Vizio

A worker walks past televisions, including the Vizio brand, on display in a Walmart Supercenter on February 20, 2024, in Hallandale Beach, Florida.  Joe Raedle | Getty Images Walmart is doing some shopping of its own. The retail giant announced last week that it plans to buy smart TV maker Vizio in a $2.3 billion … Read more

Walmart CEO says company is well-positioned to grow its ad business

After Walmart‘s earnings report impressed Wall Street on Tuesday, CEO Doug McMillon told CNBC’s Jim Cramer that his company has unique advantages in the advertising space. “When you grow your digital reach, and you’ve got an e-commerce business that’s scaling like ours is,” McMillon said, “You get an opportunity to sell advertisements, and we can … Read more

Walmart agrees to buy Vizio to grow ad business

Exterior view from a Walmart store on February 19, 2024 in Secaucus New Jersey. Walmart is scheduled to report its 2024 fourth quarter fiscal results on February 20th.  View Press | Corbis News | Getty Images Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its … Read more