Walmart’s (WMT) e-commerce business forms a small part of its total revenue. However, it’s the key catalyst that’s expected to drive the company’s sales higher in coming quarters. Walmart’s digital sales grew 50% during the last reported quarter. Its sales rose 63% and 50% in fiscal 1Q18 and 2Q18, respectively.
Walmart’s management expects its e-commerce sales to grow at a brisk pace in coming years due to its customer-friendly initiatives and innovative offerings