Walmart reveals shoppers are spending a whopping $1,500 monthly on its Jetblack service for wealthy moms

• Shoppers are spending $1,500 monthly through Walmart's personal shopping service, Jetblack.
• For a $50 monthly membership fee, Jetblack offers a suite of personal shopping services that are accessible via text messaging.
• The service, which launched in New York City last year, is designed for upper-income moms in urban areas.

Walmart said Friday that customers are spending a whopping $1,500 per month through Jetblack, the company's personal shopping service.

"It brings conversational commerce to life, and customers are absolutely loving it," Walmart e-commerce CEO Marc Lore said Friday at the company's annual shareholders meeting in Bentonville, Arkansas. "Today, more than two-thirds of Jetblack members engage with us weekly, spending on average $1,500 per month."

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For a $50 monthly membership fee, Jetblack offers a suite of personal shopping services that are accessible via text messaging.

The service, which launched in New York City last year, uses a mix of artificial intelligence, human shoppers, and couriers to deliver items for next-day delivery. It's designed to target upper-income moms in urban areas.

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