Walmart to expand digital team in Silicon Valley

Walmart (NYSE: WMT) will expand its digital team to further support the retailer's growing e-commerce business. The company plans to hire hundreds of tech workers and expand its Silicon Valley unit with a deal to lease over 100,000 square feet at a new property in Sunnyvale, California.

Walmart's Global eCommerce unit currently has about 550 employees in Sunnyvale. The expanded office unit will be up and running by the end of the year.

"There is such a large concentration of engineers and technologies in Santa Clara County," Bao Nguyen, a spokesman with Walmart Global eCommerce told The San Jose Mercury News. "They can be found all over the Bay Area, but there is a huge density of that talent pool in the South Bay. Sunnyvale and the South Bay are very important to us for recruitment."

Nguyen says Walmart's digital operations in Sunnyvale and nearby San Bruno are helping build the company's video-on-demand service and its mobile shopping services.

Walmart's digital team is in good company in Sunnyvale, where other tech giants Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL) have leased large spaces over the past two years.

Walmart is picking up steam in its omnichannel efforts with several Web expansions and launches in recent months. The retailer has made 12 e-commerce acquisitions over the past three years. Most recently, Walmart Labs acquired Adchemy, a product search and e-commerce firm, in a move that is rumored to help the world's largest retailer catch up with Amazon's (NASDAQ: AMZN) advanced Web search features.

Walmart reported Web sales rose by 30 percent to $10 billion, during the year ended Jan. 31, beating Amazon's 20 percent sales growth during the year ended Dec. 31. It was the first time that Walmart saw its Web sales growth beat out Amazon's in more than a decade.

For more:
-See this San Jose Mercury News article

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