Walmart passes Apple to become No. 3 online retailer in U.S.

[Run]

Walmart has overtaken Apple to become the No. 3 online retailer in the U.S., according to a report this week from eMarketer. While Amazon still leads by a wide margin, accounting for 48 percent of e-commerce sales in 2018, Walmart – including also Sam’s Club and Jet.com – is poised to capture 4 percent of all online retail spending in the U.S. by year-end, totaling $20.91 billion.

The news of the shift in e-commerce rankings comes alongside Walmart’s strong earnings which saw the retailer reporting a 43 percent increase in online sales and upping its year-end forecast for both earnings and sales.

The company had beat Wall St.’s expectations in its fiscal third quarter, with $1.08 earnings per share instead of the expected $1.01. However, it fell short on revenue with $124.89 billion versus the $125.55 billion expected, due to currency complications, it said.

eMarketer had estimated in July that Walmart would capture a 3.7 percent e-commerce share in the U.S. this year, but increased that to 4 percent based on its quickly growing online sales.

 

https://techcrunch.com/2018/11/16/walmart-passes-apple-to-become-no-3-online-retailer-in-u-s/

[mettastar]

WTF amazon 48% aa 

[Idassamed]

7 minutes ago, mettastar said:

WTF amazon 48% aa 

He is a retail Rakshasudu baa.

Enthaina Mee Bezos super 

[Run]

12 minutes ago, mettastar said:

WTF amazon 48% aa 

ya... Walmart B&M sales ekkuva ga

[evadra_rowdy]

11 minutes ago, Idassamed said:

He is a retail Rakshasudu baa.

Enthaina Mee Bezos super 

Sagam desham vadi biksha meeda batktunaru ga vammo

[Idassamed]

Just now, evadra_rowdy said:

Sagam desham vadi biksha meeda batktunaru ga vammo

Choosthunte alage undi

[Run]

assalu apple  only apple products tho top 5 list lo ravadam great

[mettastar]

7 minutes ago, Run said:

assalu apple  only apple products tho top 5 list lo ravadam great

true but minimum 500$ karchu pettali kada aa website lo