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Walmart sees 29 percent growth in Q4

Thursday 23 February 2017 08:45 CET | News

Walmart has reported 29% growth in US ecommerce sales in Q4 of 2016, and a 36% jump in gross merchandise volume (GMV).

That includes sales data from 2016 Jet.com acquisition, as well as online grocery sales. Walmart now has more than 35 million SKUs – more than quadruple the number Walmart had at the beginning of 2017.

More than 70% of Walmart’s traffic on Black Friday and Cyber Monday was mobile. Pickup Today, Walmart’s shop-online-and-pickup-in-stores programme, grew by 27% over 2016.

Walmart’s recent launch of free two-day shipping has already led also to growth in ecommerce sales, but the inside source didn’t offer any specific figures.


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Keywords: Walmart, growth, Q4, ecommerce, sales, US, gross merchandise volume
Categories: Payments & Commerce
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Countries: World
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