Walmart has teamed with Shopify to bolster its online marketplace presence. The retailer will add Shopify sellers to its marketplace and will especially aim to have small and medium-sized businesses (SMBs) join its eCommerce lineup. And livestreaming is popular in China, while all signs show that major online shopping firms there will keep on a path to expansion. All this, Today in Data.
Data:
1,200: Maximum number of Shopify sellers Walmart will add to its marketplace this year under a deal with the retailer.
90%: Top share of Walmart’s assortment offered online estimated as of last month to come from its online marketplace.
74%: Percentage by which Walmart saw its eCommerce sales leap in the latest quarter.
$61B: Value of transactions China’s livestreaming eCommerce sector generated in 2019.
2.5M: Number of sellers Amazon has on its platform.
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