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Walmart forays into telehealth for pets with Pawp tie-up

Published 05/22/2023, 02:56 PM
Updated 05/22/2023, 03:00 PM
© Reuters. FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company Walmart is shown on one of its stores in Encinitas, California April 13, 2016.  REUTERS/Mike Blake
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(Reuters) - Walmart (NYSE:WMT) Inc said on Monday it has signed a deal with pet telehealth provider Pawp to offer the retailer's subscribed members access to veterinary professionals via video or text without an appointment.

Walmart+ customers can use Pawp's services for a year from Tuesday, the top U.S. retailer said, as it looks to tap growing demand for pet telehealth from inflation-hit customers looking for cheaper alternatives.

The deal also lines up with Walmart's push to compete better with Amazon (NASDAQ:AMZN) on the e-commerce turf by rolling out more services and value deals.

© Reuters. FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company Walmart is shown on one of its stores in Encinitas, California April 13, 2016.  REUTERS/Mike Blake

Pet retailer Chewy (NYSE:CHWY) and rival Petco Health and Wellness Company have also been expanding their telehealth offerings. Last year, Petco pegged the value of the pet industry at $119 billion in 2021.

CNBC first reported the news of the Walmart-Pawp deal earlier in the day.

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