Daily Data Dive

PYMNTS’ Daily Data Dive: Walmart Ups eCommerce

There’s been a flurry of activity for Walmart recently. With its recent earnings call and announcement that it will start hosting its brands on Jet.com, the retail giant has been busy.

It turns out that older brands (like Walmart) can learn new tricks and become more agile in today’s fast-paced eCommerce world.

Here are the numbers:

2 percent | Increase in Walmart’s stock in pre-market trading

29 percent | Increase in Walmart’s eCommerce from 2015 to 2016

$3.3 billion | Amount Walmart acquired Jet.com for in fall 2016

10 | Consecutive quarters of reported store sales growth

70 percent | Amount of online sales attributed to mobile use

Click to comment