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

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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…

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