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Market Chatter: Walmart Reportedly Expands Online Marketplace to Boost E-Commerce Growth
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Market Chatter: Walmart Reportedly Expands Online Marketplace to Boost E-Commerce Growth
Aug 29, 2024 4:35 AM

12:06 PM EDT, 08/27/2024 (MT Newswires) -- Walmart ( WMT ) is expanding its online marketplace to include pre-owned watches and other products, collectible trading cards, and high-end beauty items as part of a broader strategy to enhance its e-commerce business and compete with Amazon.com ( AMZN ) and eBay ( EBAY ) , Bloomberg reported Tuesday, citing a Walmart ( WMT ) executive.

The new categories will allow Walmart ( WMT ) to broaden its consumer base and drive growth, Walmart ( WMT ) Chief E-Commerce Officer Tom Ward reportedly told Bloomberg.

Walmart ( WMT ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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