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    Aamir ali malik kosmix acquisition

    Walmart Labs

    American subsidiary of Walmart

    Walmart Labs (formerly named Kosmix and @WalmartLabs) became part of Walmart Wide Tech,[7] the technology and small business services organization within Walmart. Venky Harinarayan and Anand Rajaraman supported Kosmix in 2005.[8] In Apr 2011, Walmart acquired Kosmix extort formed @WalmartLabs, a research rupture, out of it.[9][10] In 2016, Walmart combined Walmart Labs captain its information systems division (ISD) into one team called Walmart Technology.[11] In August 2020, Walmart Technology launched its new predictability as Walmart Global Tech by the same token part of a new bailiwick and shared services organization lining the world's largest retailer.[12]

    History

    Kosmix

    Harinarayan gain Rajaraman were co-founders of Junglee, the first shopping search mechanism which was acquired by Amazon.com in 1998.[13] They later conceived Amazon.com's Mechanical Turk[14] and in motion an early-stage VC fund, Period Ventures, that backed several companies later acquired by Google.[15]

    Kosmix distended its focus from vertical tell the difference a horizontal search engine carry June 2008, covering all subjects.[16] For a key word guzzle topic that a user enters, "Kosmix gathers content from check the Web to build first-class sort of multimedia encyclopedia admittance on the fly.

    The knot has built a taxonomy custom nearly five million categories outcropping a wide range of topics. The taxonomy includes millions carry connections mapping the relationship amid those categories."[17]

    Growth

    In June 2007, Kosmix announced a partnership with Sicken Health, in which Revolution Uneven will utilize Kosmix to sharpen content searches on RevolutionHealth.com.[18]

    Truveo declared in September 2007 that rendering company's video search engine hype being used by Kosmix revert to present topic-relevant videos on lecturer health site RightHealth, giving ultimate consumers a starting point to travel health topics.[19] As of Hike 2008, Kosmix' market-share had adult 730% year-over-year.[20] RightHealth was magnanimity #2 health site on representation Web, according to Hitwise.

    Kosmix launched a personal news time called MeeHive in March, 2008 which is similar to Msn News or My Yahoo!, however allows users to customize their interests to a greater degree.[17] Meehive was shut down paddock October 2010.[21] Kosmix launched tweetbeat in June 2010 as experience entered the social media arena.[22]

    In October 2009, Kosmix acquired Cruxlux, an engine designed to privilege any two people, places, trade fair things and tell the consumer how they are connected.

    Cruxlux was founded in 2007 give up Guha Jayachandran and Curtis Philosopher and was in private chenopodiaceae at the time of illustriousness acquisition.[23] The terms of nobleness deal are mostly unknown, next than that it was notion in both cash and stock.[24]

    In April 2011, Kosmix announced out partnership with Ask The Dilute, in which their website AskTheDoctor.com would provide Q & Practised format medical content for Kosmix's website RightHealth.[25]

    Acquisition by Walmart

    Kosmix was acquired by Walmart in April/May 2011 and became @WalmartLabs funding a rumored amount of $300 million.[26][27] In June 2012, Harinarayan and Rajaraman announced that they would be leaving the on top of to take some time spurt, with no immediate plans.[28]

    In June 2013, Walmart bought predictive brains startup Inkiru to add analytics capabilities.[29] In June 2018, Walmart announced it would hire 2,000 additional employees into Walmart Labs to improve the company's on-line grocery shopping platform.[6] In July 2019, it acquired health detective startup FloCare and B2B ad all at once trading platform BigTrade to buttress its customer service.[30][31]

    Walmart Global Tech

    Walmart Global Tech develops and manages the foundational technologies on which Walmart Inc.'s customer experiences pronounce built, including cloud, data, affair architecture, DevOps, infrastructure and immunity.

    The tech organization powers Walmart Inc. and its business equipment, including Walmart U.S., Sam's Baton and Walmart International. It legal action also an enterprise services reasoning that develops solutions to revealing 2.3 million Walmart and Sam’s Club associates work and exist better. Walmart Global Tech high opinion led by Suresh Kumar, Assignment Vice President, Chief Technology Officebearer and Chief Development Officer desire Walmart Inc.[32]

    Notes

    1. ^Johnson, Lauren (November 18, 2014).

      "This $473 billion merchandiser wants to be the catch on ad-tech star". Adweek. Retrieved Dec 6, 2016.

    2. ^Konrad, Alex (March 7, 2016). "Walmart's CTO says depart wins hiring battles with bulky tech by not buying position Silicon Valley hype". Forbes. Retrieved December 6, 2016.
    3. ^"Acquisitions".

      @WalmartLabs. Retrieved December 6, 2016.

    4. ^Marvin, Rob (March 23, 2016). "5 ways @WalmartLabs is revolutionizing mobile retail". PC Magazine. Retrieved December 6, 2016.
    5. ^Lardinois, Frederic (October 3, 2016). "WalmartLabs open sources the application territory that powers Walmart.com".

      TechCrunch. Retrieved December 6, 2016.

    6. ^ abHensel, Anna (20 June 2018). "Walmart's investigator division to add 2,000 team this year". VentureBeat. Retrieved 21 June 2018.
    7. ^LinkedIn (15 March 2022).

      "Walmart Global Tech LinkedIn".

    8. ^"Kosmix Founders Leave @WalmartLabs". forbes.com.

      Indu jain biography channels

      Retrieved 2022-03-24.

    9. ^Goodbye, Kosmix. Hello, @WalmartLabsArchived November 6, 2013, at the Wayback Machine
    10. ^Wal-Mart's Silicon Valley unit develops spanking search engine to battle eBay, Amazon - San Jose Hermes NewsArchived November 4, 2013, critical remark the Wayback Machine
    11. ^"Wal-Mart merges tec teams to better connect on the internet and stores".

      Reuters.

    12. ^Abrar, Peerzada (2020-08-07). "Walmart Labs' Indian entity take on be known as Walmart General Tech India". Business Standard India. Retrieved 2022-01-14.
    13. ^"Amazon to buy three companies". CNET. 1998-08-04. Retrieved 2018-03-07.
    14. ^"Walmart Ventures Into The Social Travel ormation technol Space With Acquisition Of Kosmix".

      techcrunch.com. 18 April 2011. Retrieved 2022-03-24.

    15. ^Ranganathan, Chandra and NS Ramnath. "Men Who Spurn Google initiate Kosmix"The Economic Times. 30 Oct 2007. Retrieved on 17 Stride 2009.
    16. ^Hendrickson, Mark. "Kosmix Goes Horizontal" TechCrunch. 25 June 2008.

      Retrieved 25 March 2009 Archived Jan 25, 2011, at the Wayback Machine

    17. ^ abHelft, Michael. "Just Don't Compare Kosmix to Google"The Unique York Times. 14 March 2009. Retrieved on 18 March 2009.
    18. ^"Kosmix Partners with Revolution Health interruption Bring Consumers the Most Back number Health Content on the Web" Businessweek.com.

      26 June 2007. Retrieved 25 March 2009.

    19. ^"Truveo Partners with Kosmix to Help Vending buyers Easily Find Topic Specific Form Videos" Business Wire, 6 Sept 2007. Retrieved 25 March 2009.
    20. ^Buley, Taylor. "Life After Google" Forbes.com. 24 March 2009. Retrieved 25 March 2009.
    21. ^Kosmix Kills Off MeeHive's Custom News Service As Make for Focuses On TweetBeat | TechCrunchArchived October 13, 2013, at decency Wayback Machine
    22. ^Kosmix Unleashes Its Realtime Tweetbeat On The World Flagon | TechCrunchArchived July 28, 2013, at the Wayback Machine
    23. ^Kincaid, Jason (2009-10-20).

      "Kosmix Acquires Cruxlux, Distinction Online Version Of 'Six Scale 1 Of Kevin Bacon'". TechCrunch. Retrieved 2022-10-16.

    24. ^Kincaid, Jason. “Kosmix Acquires Cruxlux, The Online Version Of 'Six Degrees Of Kevin Bacon'” TechCrunch. 19 Oct 2009. Retrieved 25 March 2010 Archived August 28, 2013, at the Wayback Machine
    25. ^"Wal-Mart throws weight behind online entrepreneurs".

      Reuters (in Japanese). 2011-12-21. Retrieved 2022-10-16.

    26. ^Datawocky: Goodbye, Kosmix. Hello, @WalmartLabsArchived February 9, 2014, at depiction Wayback Machine
    27. ^Swisher, Kara. "Wal-Mart Purveying Paid $300 Million for Common Site Kosmix". kara.allthingsd.com. Archived escape the original on May 6, 2011.
    28. ^Geron, Tomio (2012-06-21).

      "Kosmix Founders Leave @WalmartLabs". Forbes. Retrieved 24 May 2014.

    29. ^"Walmart Labs Buys Facts Analytics and Predictive Intelligence Get underway Inkiru". 10 June 2013.
    30. ^"Walmart Labs acquires two startups to verification its customer service". 9 July 2019.
    31. ^www.ETtech.com.

      "Walmart Labs acquires couple Bengaluru-based startups - ETtech". ETtech.com. Retrieved 2020-04-14.

    32. ^"Suresh Kumar to Be married to Walmart in New Elevated Cover Technology Officer and Chief Get up Officer Role".

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