Flipkart pushes Walmart global sales up 5.5% in Q4 to $34.9 billion
US retail giant Walmart on Thursday said its international sales grew 5.5 per cent to USD 34.9 billion in the fourth quarter, led by “strong topline growth” across Indian e-commerce arm Flipkart and some other markets.
Walmart International — which includes the company’s operations in markets like India, China, Japan, Africa, Canda, UK, Mexico and Chile — had posted a net sales of USD 33 billion in the year-ago period.
The Bentonville-based company saw its total revenue rising 7.3 per cent to a record USD 152.1 billion in the fourth quarter. On a full-year basis, Walmart’s revenue was up 6.7 per cent to USD 559.2 billion.