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Walmart making great strides in eCommerce

27/02/2017 - 16:41

Walmart is seeing payoff from its significant investments in eCommerce, growing online sales 29% in the fourth quarter while gross merchandise value (GMV) increased 36.1%, including its Jet.com and grocery businesses. 

“We’re gaining traction and moving faster,” said Walmart CEO Doug McMillon in an earnings call. “We’re the second-largest U.S. online retailer by revenue, one of the top three online retailers by traffic and our Walmart app is among the top three apps in retail.” Ecommerce has been even more on the f... 

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