We use cookies, including third-party cookies from Google to serve personalized ads through AdSense, to operate this site and understand how it is used. By continuing to browse, you accept this use. See our Privacy Policy and Terms of Use for details, including how to opt out of personalized advertising.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Walmart Buys Social Media Company Kosmix
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Walmart Buys Social Media Company Kosmix
Business

Walmart Buys Social Media Company Kosmix

BarbaraDuck
BarbaraDuck
Share
4 Min Read
SHARE

Ok let me get the humor out of the way here first, I wondered about branding and imageWalmart Labs sounds better than Facemart .  We have information organized by

Ok let me get the humor out of the way here first, I wondered about branding and imageWalmart Labs sounds better than Facemart .  We have information organized by topics here. 

From the Kosmix website:

“Every two days the world creates as much information as we did from the dawn of civilization up until 2003.  If you’re worried that you’re missing the best social imagemedia content, it’s probably because you are: On any given day, people share 830 million items on Facebook, upload 6.1 million photos to Flickr, add 2.1 million minutes of video to YouTube and send 65 million tweets.”image

More Read

Twelve “Connected Health” Innovators Are Staying Out Front
Institute of Medicine Calls for Overhaul of Device Regulation
ACO Is Not One Size Fits All
Medicare Advantage Premiums
New Technologies at Medtech Startups, October 2011

Yes they have a healthcare section too called RightHealth with a lot of aggregated material from many partners and a general “Health” page. 

There’s a lot of competition on the health care side with many other sites that kind of imagedo the same thing and they sell their services to publishers to drive more traffic and look who I found as one of the latest Kosmix publishers, one of the MD rating services, HealthGrades that makes their way around the web.  If you have read here often enough there’s some information on MD commercial ratings versus the CMS government ratings. 

So it looks like WalMart wants to be social and get more traffic like everyone else is doing out there today so I might guess we could see some of their content out there working with WalMart retail mobile pages too from what is stated in the press release, perhaps more coupons.  BD 

BRISBANE, Calif., April 18, 2011 /PRNewswire via COMTEX/ — Wal-Mart Stores, Inc. (NYSE: WMT) today announced it has signed a definitive imageagreement to acquire Kosmix, underscoring its commitment to social and mobile commerce. Kosmix, based in Mountain View, Calif., has developed a social media technology platform that filters and organizes content in social networks to connect people with real-time information that matters to them.

Kosmix was founded by Venky Harinarayan and Anand Rajaraman, early pioneers of online shopping, whose first company, Junglee, was acquired by Amazon.com in 1998. The founders and the Kosmix team will operate as part of the newly formed @WalmartLabs and continue to be based in Silicon Valley. Walmart plans to expand the @WalmartLabs team and expects this new group will create technologies and businesses around social and mobile commerce that will support Walmart’s global multi-channel strategy, which integrates the shopping experience between bricks and mortar stores and e-commerce. Walmart operates retail businesses in 15 countries and e-commerce businesses in nine countries.

Walmartstores.com: Investor Relations – Walmart Announces Acquisition of Social Media Company Kosmix

 

TAGGED:health care businesssocial mediaWalmart
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

The Myth That Keeps People Stuck -- AI-generated illustration
The Myth That Keeps People Stuck
Addiction Recovery
August 25, 2026
What Hospitals Need to Know About EU MDR -- AI-generated illustration
What Hospitals Need to Know About EU MDR
Business Hospital Administration
August 18, 2026
How to Choose an On-Demand Medical Interpreting Provider for Your Hospital -- AI-generated illustration
How to Choose an On-Demand Medical Interpreting Provider for Your Hospital
Health care
August 12, 2026
The Chemistry Of Drug Consistency -- AI-generated illustration
The Chemistry Of Drug Consistency
Policy & Law
August 12, 2026

You Might also Like

Improve the ER
BusinessFinanceHospital Administration

5 Changes Implemented by a Florida Hospital to Improve the ER

November 8, 2014
bundled payments
BusinessFinance

Variations in Post-Acute Care Spending

May 19, 2014
Transforming Clinical Practice Initiative
BusinessHealth ReformPolicy & LawPublic Health

CMS Announces Win-Win to the Tune of $840 Million

October 28, 2014

Heating Up in Healthcare Investing: Cost Transparency Firms Reel In $400M Since 2010

September 18, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2026 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?