Walmart Marketplace Growth
Walmart continues to expand its online marketplace business, with over 200,000 active sellers and 44,000 added in recent months, according to Marketplace Pulse.
The retailer's marketplace attracts more than 120 million shoppers weekly, with 37% of U.S. consumers surveyed by Kantar considering Walmart a top shopping destination.
At the recent Open Call event in Bentonville, most of the 650 companies pitching to buyers were already selling on the marketplace platform, contributing to its growth.
Walmart's marketplace expansion reflects its strategy to blend online and offline retail.
Author's summary: Walmart's online marketplace grows with 200,000 active sellers.