The global retailer giant Walmart is now eyeing startup investment

Despite a history of over 20 years of business development in China, Walmart is still struggling in the competition with its Chinese peers – and has seemed to find a way forward – investing in and cooperating with 3^rd party startups. With the launch of Omega 8, an innovation platform aiming at reducing the cost of operational experiments and facilitating co-work with technical providers, several partnerships were struck with Chinese rising stars which will allow Walmart to tap into the market. A quick interview with regard to the issue with Ben Hassing, senior vice president of global cross-border trade at Walmart, is now available on TechNode.