Walmart Acquires Data Analytics Startup Inkiru

By  |  June 10, 2013
 | 

Walmart Labs, Walmart’s Silicon Valley-based innovation lab, has acquired data analytics startup Inkiru.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The acquisition is designed to “accelerate the retail giant’s analytics capabilities,” TechCrunch reported. Financial terms of the deal were not disclosed.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Inkiru’s platform combines data analytics, a decision engine and predictive intelligence to form an “active learning system” that claims to help reduce fraud and improve customer targeting.

    Read the full story here.


    Recommended

    Morgan Stanley

    Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs

    Target

    Target Challenges Retail Rivals With 300-Store Growth Plan

    Splitit

    Splitit and Google Prepare Installment Payments for AI Shopping Agents

    SMBs, invoice payments, cash flow

    The Payment Frictions Costing SMBs Their Cash Flow

    See More In: