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@WalmartLabs Acquires Adchemy to Improve Its E-Commerce Search

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He is a senior correspondent at Vox.

@WalmartLabs, the tech arm of Walmart’s e-commerce business, has acquired search technology company Adchemy for an undisclosed price. More than 60 Adchemy employees will move over in the deal, which aims to help Walmart improve its technology that surfaces search results on its e-commerce websites as well as its product results on Google and other big search engines. Adchemy, which had raised more than $100 million in funding, sold part of its business in the fall.

This article originally appeared on Recode.net.