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Tag: Walmart financials

Walmart Ecommerce Sales Grow 97 Percent in Second Quarter

August 18, 2020August 18, 2020 Ina Steiner
Walmart

Walmart ecommerce sales in the second quarter grew by 97%, “with strong results across all channels,” it reported today. Keep in mind that Walmart’s fiscal year doesn’t match other top ecommerce companies, as the supplier […]

2 CommentsMarketplaces, NewsWalmart financials

Walmart Reports Earnings and Jettisons Jet.com

May 19, 2020May 19, 2020 Ina Steiner
Walmart

We’ve seen how ecommerce pure-play marketplaces performed in Q1 (Amazon, eBay, and Etsy), today Walmart revealed its performance for its latest quarter (February, March, and April). Notably, the company also announced it’s closing down Jet.com, […]

Marketplaces, NewsWalmart financials

Walmart Grows US Ecommerce Sales by 43 Percent

February 19, 2019February 19, 2019 Ina Steiner
Walmart

Walmart grew its US ecommerce sales by 43% in the fourth quarter. The company said Walmart U.S. eCommerce continued to benefit from the expansion of grocery pickup and delivery and a broader assortment on Walmart.com. […]

Marketplaces, NewsWalmart, Walmart financials

Walmart Rebalances International Portfolio as It Seeks Growth

June 4, 2018 Ina Steiner
Walmart

Walmart is selling 80% of Walmart Brazil to private equity firm Advent International. Walmart entered the Brazilian market 22 years ago, and Walmart Brazil today has 438 stores in 18 states, with 55,000 associates. The […]

Marketplaces, NewsWalmart, Walmart financials

Walmart CEO Addresses Shareholders at Annual Meeting

June 3, 2018 Ina Steiner
Walmart

Imagine serving nearly 270 million customers a week in 28 countries and generating $500.3 billion in revenue. Those are Walmart’s stats cited by its CEO Doug McMillon at last week’s annual shareholder meeting. “We are […]

1 CommentMarketplaces, NewsWalmart, Walmart financials


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