Move over, Amazon: Here comes Wal-Mart
from CNN Money
Wal-Mart's online sales grew at a faster pace in the fourth quarter than Amazon's. Yes, you read that correctly. Wal-Mart reported its latest results: Earnings topped forecasts, while overall sales missed estimates slightly. The surprising news was that Wal-Mart's e-commerce revenue in the United States rose 29 percent from a year ago. That compares with a 22 percent increase in total sales at Amazon.
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