What they are doing is pretty compelling. To be able to change a hundred year old business to compete with Amazon head to head. While amazon is moving online to offline, Walmart is moving offline to online.
Just for context... total market size for Ecommerce is $458B. Total market size for offline Ecommerce is $4.8T. Walmart does $481B in sales a year offline (Amazon is $136B). So, Walmart sells as much in stores as all websites (including amazon) sell online.
So... I’ll just conclude, it’s a no brainer if your choice is Walmart labs or Ebay. Do you want to be on the front lines of the next major retail battle between giants or creating more widgets for EBay?
This. Leaving eBay to go to Walmart is a real step down. The people eBay manages out basically have an open door at Walmart. Talk to anyone at Walmart and you will hear that they just hire ex eBayers to try to copy the strategy. The CTO and head of product are both ex eBay as are many other senior folks.
Why go and work copying eBay if you could earn more at eBay and learn more?
While some of what you said is true, Walmart still kicks our ass in so many area. I know plenty of people at both company. One perfect example, Walmart is now end to end Https, and where the heck are we? You can keep dreaming that your c3 shit is awesome, but as a customer, I can tell you it is pure shit.