We’re hearing that Walmart Labs, the e-commerce arm of the American retail giant, has acquired a Sydney, Australia-based startup called Grabble, which makes point-of-sale technology that ties in with consumers’ mobile phones.


Walmart is known to have established its lead in the brick-and-mortar retail space by investing in cutting-edge technology to manage its warehouses, so the Grabble deal is evidence that it’s committing to bringing 21st-century tech to the front of the house as well.

via Gigaom | Walmart acquires venture-backed startup Grabble — Tech News and Analysis.

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