Yahoo said Tuesday that it will sell display ads on Walmart.com in a multi-year partnership.
Under the deal, Yahoo will use its ad network to be the primary sales force for Walmart.com's online display and video advertising. Walmart.com will also use Yahoo's tools to monitor ad performance and ultimately join the AMP ad management platform.
The partnership is notable given that Walmart.com could provide some interesting behavioral ad and targeting possibilities, but will likely be overshadowed over the increasingly hostile battle between Yahoo and activist investor Carl Icahn. Until Icahn's proxy war against Yahoo is resolved--August 1 or so--these partnerships will be overshadowed.
Nevertheless, Yahoo is doing its best to forge ahead. Among other Yahoo ad related news timed for the Advertising 2.0 conference: