Walmart Revenue Buoyed by E-Commerce, but Investments Gouge Profits

With a big push in e-commerce growth through investments and enhancements, Walmart Inc. is expanding its global omnichannel presence, but that doesn’t come without some growing pains. In a Nutshell: Fresh off taking a majority stake in Indian e-commerce upstart Flipkart—aimed at capturing that burgeoning business and building an overall foundation for its growth in…