Walmart Is Making Big Strides in E-Commerce

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https://www.fool.com/investing/2019/01/10/walmart-is-making-big-strides-in-e-commerce.aspx

While Amazon.com (NASDAQ:AMZN) is dominating and taking names in the retail industry, Walmart's (NYSE:WMT) dependence on store traffic means it's not growing sales nearly as fast. The growth is in e-commerce. That's not in Walmart's DNA -- or is it?

Walmart is on pace to generate about $16 billion in e-commerce sales in fiscal 2018 (which ends in January). That's an increase of 40% over last year, which is slightly faster than Amazon's 37% year-over-year growth in sales over the previous year. While the total of Walmart's online sales still pales versus Amazon's $221 billion in trailing 12-month sales, Walmart's e-commerce growth shows that it's not going to roll over before Amazon's onslaught.

 

 

 

https://seekingalpha.com/article/4232742-amazon-big-gamble

Summary

Amazon is facing a strong challenge in India from Walmart.

Walmart is increasing investments in Flipkart, which was purchased recently.

Walmart is also looking to increase its store count in the country to 50 from the current 23.

Amazon is facing growing competition from international and domestic players in this region.

Amazon needs to show rapid profitability growth, but the loss-making international segment could create major headwinds.

In international regions, Amazon (AMZN) has made one of the highest investments in India. The company has announced over $5 billion in investments and is increasing investment in numerous segments. It has invested close to $150 million in 2018 alone to improve the traction of Amazon Pay in India. Walmart (WMT) is also increasing its investment in India after it purchased Flipkart, the leading e-commerce player.

[desiboys]

Walmart mahima kadu. Adi jet konna  adrushtam tho vachina revenuem