Reported about 2 months ago
Walmart's advertising unit, Walmart Connect, reported a 30% revenue growth year-over-year in Q2 2025, contributing significantly to the company’s profits. The overall global advertising business, including Flipkart, increased by 26%. Walmart's marketplace sellers and strategic advertising expansions in various channels were crucial for this growth, while its e-commerce also thrived with a 21% rise in global sales. The impressive earnings report led to positive expectations from investors, bolstering Walmart's financial outlook.
Source: YAHOO