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Walmart Takes on Amazon By Adding Pre-owned Watches, Collectibles to Marketplace.
- Source :
- Bloomberg.com; 8/27/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Walmart is expanding its online marketplace to include pre-owned watches, collectible trading cards, high-end beauty products, and other pre-owned items. The move is aimed at increasing Walmart's e-commerce business and competing with rivals like eBay and Amazon. The marketplace has been successful in driving growth for Walmart, with online sales growing 22% in the US in the previous quarter. Walmart is also working to cut costs associated with e-commerce and has plans to verify sellers and offer fulfillment services. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 179276648