Walmart ramps up e-commerce with acquisition of two more startups

In a move to further bolster its push into e-commerce, Walmart acquired two Silicon Valley startups this week.

The retailer picked up Tasty Labs, a software application development company started by former Google and Mozilla employees, as well as OneOps, a cloud computing company started by a group of eBay veterans.

Both will be a part of @WalmartLabs, the retailer’s global e-commerce division started back in 2011.

According to the @WalmartLabs’ blog, OneOps has put an innovative twist on the way product releases are managed – offering technology that automates and accelerates many processes related to environment management.  Tasty Labs meanwhile, is a software applications developer based in Mountain View, Calif., that has pioneered more effective ways to connect people via social software.

In a @WalmartLabs blogpost, Jeremy King, chief technology officer of Walmart Global e-commerce, wrote: “These additions show our commitment to delivering best-in-class technology by attracting some of the best people in Silicon Valley.”

Over the last two years, the retailer has snapped up more than a dozen startups all in an effort to compete with rival Amazon.com.

Walmart forecasts $9 billion in U.S. online sales this year, while Amazon.com has nearly four times that amount in the U.S.

Terms of the deals weren’t disclosed.

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