Walmart's Ad Business Sees 28% Growth; X Partners with PubMatic
11/21/24, 10:53 AM
Location
Industry
retail
commerce and shopping
Type
partnership
Walmart has reported a strong revenue growth for Q3, increasing 5.5% to a total of USD$169.6bn. The retailer’s global advertising business grew by a staggering 28%, including 26% for Walmart Connect in the US. X is hoping to boost its ad revenue through a new partnership with PubMatic.
Company Info
Location
bentonville, arkansas, united states
Additional Info
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. With fiscal year 2021 revenue of $559 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.