“Inside Walmart, tensions are rising. The company is projecting losses of more than $1 billion for its US e-commerce business this year, on revenue of $22 billion. Walmart does not disclose these figures publicly and declines to comment.”
“That size loss is an eye-popping figure for a company that is used to printing cash and which prides itself on its profitable operations.”
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David J. Katz - The Alchemist 