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Walmart makes waves as viable e-commerce competitor to Amazon – Source CNET Internet News

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The big-box retailer’s e-commerce business saw a surge during the pandemic.


Juan Camilo Bernal/Getty Images

Walmart said Tuesday its e-commerce sales in the US jumped 74% in its latest quarter, powered by online grocery sales during the coronavirus crisis.

That figure is huge for the big-box retailer, marking its biggest percentage increase for its online sales over the past three years. Sam’s Club reported a 40% increase in online sales.

These numbers point to Walmart getting a lift as a viable competitor to Amazon, which for years has run the table as the dominant player online. There’s still a long way to go for Walmart,…

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Source CNET Internet News

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