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Published 2 months ago

Walmart Expects Profits In Its US E-Commerce Business Within Two Years

Summary by Bloomberg
(Bloomberg) -- Walmart Inc. said it expects to generate profits in its US e-commerce business within the next two years. The Bentonville, Arkansas-based retailer is working toward e-commerce profitability in a year or two, including its advertising and consumer data business, Chief Financial Officer John David Rainey said during a question-and-answer session with analysts on Friday as part of its annual shareholder week.  Sam’s Club, the company…

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