Amazon, Wal-Mart ‘in alliance talks’

Sunday Times scoop

Amazon and Wal-Mart are in "secret talks" to construct a wide-ranging alliance between the two companies, the Sunday Times claims.

A deal could be signed within six weeks, with Amazon becoming Wal-Mart's online fulfilment house, according to the paper.

At the same time, Amazon would gain a presence in Wal-Mart retail outlets "a cash injection and a percentage of the sales it makes through the retail giant", the paper says. But no equity will change hands - if the deal comes off.

The Sunday Times source for the story appears to be "one executive close to the talks". ®

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Sunday Times: Amazon and Wal-Mart in alliance talks

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