Wal-Mart’s online sales grew by 23% in Q4 2017 (from +50% in Q3 2017) as sales growth slowed via Jet.com, acquired in 2016. The online business totalled US$ 11.5 billion in 2017, remaining unprofitable. Despite disappointing results, Wal-Mart expects online sales to grow by 40% in its current fiscal year via a number of investments, including a makeover of its website with a focus on fashion and home goods. The site will also feature Jet.com’s “smart cart” technology, which provides
…Wal-Mart is optimistic
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