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Business
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Number of pages / Number of words: |
3 / 565 |
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and Accel Partners join to form an independent company called Walmart.com Inc. This company will be based in Palo Alto, CA and will be in charge of developing and managing the Walmart.com website.
The new company will have it's own board of directors which will include Rob Walton, chairman of Wal-Mart Stores, Inc, Lee Scott, vice-chairman and CEO of Wal-Mart, and James Beyer, managing partner of Accel Partners...
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They also want to create "one of the most fulfilling Internet experiences on the Internet." This company will work hand in hand with AOL's agreement with Wal-Mart to provide Internet service.
Sources include:
Walmart.com
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