Walmart completes acquisition of VIZIO


SAN FRANCISCO, Dec. 3 (Xinhua) -- U.S. retail giant Walmart announced Tuesday that the company has closed its acquisition of television maker VIZIO with an all-cash deal valued at 2.3 billion U.S. dollars to boost its advertising business.

The acquisition will introduce new customer entertainment experiences and accelerate growth at Walmart Connect, the company's advertising business, the company said.

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