Business & Finance

Reuters provides insight into how the pandemic helped Walmart battle Amazon Marketplace for sellers

Reuters took readers on a deep dive into how Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, grew from almost nothing to an estimated 70,000 sellers in 2020, fueled by a surge in online shopping due to the COVID-19 pandemic and a series of investments in technology and vendor relationships. That is expected to rise 146% by the end of 2022, according to projections by data firm Marketplace Pulse that were first reported by Reuters. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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