Flipkart Dominates Walmart International’s Ad Biz Growth In Q1

Senior Walmart executive, Steph Wissink, said that the US-based retail major is “proud of the progress” that the company has been making at Flipkart

Flipkart, along with China, also contributed heavily to the sales growth of Walmart International in Q1

However, Walmart International’s operating income, in constant currency terms, declined 6.4% YoY to $1.4 Bn on the back of “strategic growth investments for Flipkart, Walmex, and Canada”

Flipkart led from the front as the ecommerce juggernaut contributed the…