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SEEKING ALPHA reports:

– Walmart’s (WMT +0.8%) deal to add delivery as a service through the launch of GoLocal looks attractive to Morgan Stanley with new revenue streams outside of grocery about to be opened up.

– Analyst Simeon Gutman says WMT will be able to leverage its already built proprietary software and infrastructure to be a 3rd party delivery service, along the lines of Uber Eats, DoorDash or Roadie. “While we’re not sure GoLocal will link up with major restaurant chains, its ...

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