Tuesday, September 24, 2024
HomeTechnologyWalmart reportedly in talks to buy TV maker Vizio for $2B

Walmart reportedly in talks to buy TV maker Vizio for $2B

Published on

spot_img


Walmart is in talks to buy smart television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported Tuesday, citing people familiar with the matter.

Shares of Vizio jumped 36% after the report, while Walmart’s shares were down about 1%.

Vizio did not immediately respond to a request for comment.


Walmart store
Walmart, including its Sam’s Club chain, has historically been Vizio’s largest customer, the Journal said. AP

The move would give Walmart more places where it can sell ads and pitch shoppers on goods, the Journal reported.


A television screen with colorful design.
Shares of Vizio jumped 36% after the report. Business Wire

Walmart, including its Sam’s Club chain, has historically been Vizio’s largest customer, according to the report.



Source link

See also  Kamala Harris’s Bratty Coconut Memescape + What Does $1,000 a Month Do? + The Empire CrowdStrikes Back

Latest articles

More like this