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Growth investments in India, as well as Canada and Mexico, also took a hit on Walmart International’s operating income during the quarter under review
While Walmart International’s overall gross profit rose a mere 1.7% YoY to $6.7 Bn in Q2, operating income, in constant currency terms, declined 2.8% YoY to $1.3 Bn
Walmart executives also said that while Flipkart boasted 300 “minute” fulfilment centres at the end of Q2, Myntra operated 60 MFCs that delivered to customers…
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Growth investments in India, as well as Canada and Mexico, also took a hit on Walmart International’s operating income during the quarter under review
While Walmart International’s overall gross profit rose a mere 1.7% YoY to $6.7 Bn in Q2, operating income, in constant currency terms, declined 2.8% YoY to $1.3 Bn
Walmart executives also said that while Flipkart boasted 300 “minute” fulfilment centres at the end of Q2, Myntra operated 60 MFCs that delivered to customers…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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