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3 Factors Leading Walmart's E-Commerce Business Toward Profitability

3 Factors Leading Walmart's E-Commerce Business Toward Profitability

Walmart (NYSE: WMT) continued its strong e-commerce sales growth in the fiscal third quarter with U.S. online sales climbing 79% year over year. During the third quarter, Walmart saw "significantly reduced operating losses in e-commerce." Here are three factors leading to improved profitability for its online business.