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Benzinga
Benzinga
Business
Surbhi Jain

Walmart's Robots Are Taking A Bite Out Of Amazon's Lunch

Walmart robot

Walmart Inc (NYSE:WMT) didn't declare a tech war on Amazon.com Inc (NASDAQ:AMZN) this quarter — but its third quarter earnings call made something very clear: the world's largest retailer is no longer playing defense.

It's quietly building an automation machine that is starting to bend costs, boost leverage and challenge Amazon on the one battleground investors assumed was untouchable — logistics efficiency.

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