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New Deal


Announced

Walmart to acquire Zeekit.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

intelligent platfrom

Pending

Israel

application software

Friendly

Acquisition

Online and Social Platforms

Majority

Single Bidder

Synopsis

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Walmart agreed to acquire Zeekit, a virtual fitting room platform. Financial terms were not disclosed. "Virtual try-on is a game-changer and solves what has historically been one of the most difficult things to replicate online: understanding fit and how an item will actually look on you. Zeekit will help us deliver an inclusive, immersive and personalized experience for our diverse customer base," Denise Incandela, Walmart EVP of Apparel and Private Brands.

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