Walmart says it will buy TV maker Vizio for $2.3 bn
Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom. Walmart announced the deal along with the release of fourth-quarter earnings, in which it reported solid revenues growth of 5.7 percent to $173.4 billion.
Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom. Walmart announced the deal along with the release of fourth-quarter earnings, in which it reported solid revenues growth of 5.7 percent to $173.4 billion.
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