Walmart Q3 Earnings Go Light On Subscription Plan; Home Depot Builds Strength In-Store; Shopify Teams Up With Alibaba
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TOP STORIES   November 17, 2020
EARNINGS

Walmart Earnings Show Digital Momentum; Execs Back Off Subscription Membership Numbers

With a 79 percent jump in eCommerce, Walmart seems to be fulfilling its digital promise. However, the company was light on details and future strategy about Walmart+, which launched late in Q3.

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SPENDING TRENDS

Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It

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EARNINGS

JD.com Touts $25.7B Third-Quarter Net Revenues; Sales Surge In Indonesia

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WHAT’S HOT

Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales

Home Depot Q3 Earnings Build On Pandemic-Driven Home Improvement Trend

Japan’s Rakuten Introduces Retail Tool For Digital Transformation

Wardrobe Expands Reach In Closet-Sharing Economy With Rent My Wardrobe Merger

Indonesia’s Tokopedia Closes Google, Temasek Investments

Germany's Razor Nets $33M To Buy, Grow Amazon Sellers

CVS Taps PayPal For QR Code Payments For PayPal, Venmo Users

Innovations In eCommerce, Healthcare And Disbursements
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