Flipkart's 'Big Billion Days' lifts Walmart's International Q3 sales number

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Flipkart's 'Big Billion Days' lifts Walmart's International Q3 sales number - Business Standard

Quick Summary:

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

Walmart, which follows a February-January financial calendar, reported USD 31.5 billion in sales from its international business, a growth of 12.4 per cent on constant currency terms.

Sales growth of Walmart International, which operates in 18 countries outside the US including India, was "led by Flipkart, Walmex (Mexico), and China", it added.