Walmart E-Commerce Sales Rise 23% in Second Quarter
Walmart’s latest earnings report showed that second-quarter e-commerce net sales rose 23% to 24%, while total revenue and operating profit also increased.
What are the key facts?
- 1Total revenue of $187.9 billion
- 2E-commerce net sales increased 23% to 24%
- 3Operating profit of $9.4 billion
What does this mean for cross-border sellers?
Walmart’s double-digit e-commerce growth will intensify competition for platform traffic, fulfillment, and advertising resources. Do not copy Amazon’s product, content, and advertising methods without adjustment, or you may miss Walmart’s store integration and price advantages. Highest priority: This week, select a group of high-repeat-purchase products and check Walmart inventory, delivery coverage, and advertising conversion data.