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Walmart partners with Shopify to expand its third-party marketplace, with plans to add 1,200 Shopify sellers this year

- Move is retailer's latest attempt to grow online sales, profit  — Walmart will bring 1,200 Shopify sellers to its site this year

Bloomberg Matthew Boyle

Context & Ripple Effects

The Shopify deal is Walmart's fastest lever yet for closing its seller-count gap with Amazon: the marketplace that had just six third-party sellers in 2014 reached roughly 70,000 sellers by 2020, and the pipeline accelerated immediately — 3,000 new sellers joined in June alone, up from 2,290 in April. For Shopify, this extends a distribution playbook it has run before, with merchant access deals including a 2015 Amazon tie-up and US selling through eBay starting in 2017.

First-order effects

  • Up to 1,200 Shopify merchants gain Walmart Marketplace shelf space this year without rebuilding storefront operations, while Walmart gets an instant supply of vetted small-business inventory to thicken assortment against Amazon.

Second-order effects

  • Amazon faces a rival marketplace whose seller acquisition now runs through Shopify's existing merchant base rather than slow one-by-one recruiting, pressuring it to keep lowering barriers for SMB sellers; Shopify, meanwhile, deepens its platform pull with adjacent services like Affirm installment payments rolling out to US shoppers.

Third-order effects

  • If the pattern holds, marketplaces compete less on owning merchants than on aggregating them through intermediaries like Shopify, shifting bargaining power toward whoever controls the storefront-and-payments layer — though Reuters reporting already flags strain on Walmart's seller systems as volume scales.

The trend: E-commerce is consolidating into platform-vs-platform competition where marketplaces source supply through third-party commerce infrastructure instead of recruiting sellers directly.