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Walmart News

We think Walmart marketplace is one of the most hyped opportunities in retail. However we noticed that customers are not always pleased. Average rating for top 100 sellers on the Walmart marketplace is 3.9 out of 5. In comparison, top sellers on both Amazon and eBay have an average rating of 4.9 out of 5. Most of them are nearly perfect at 5 out of 5 if not for a few slip-ups.

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Walmart News

Since we looked at the Walmart Marketplace in August 1,000 new sellers have been joining the marketplace every month. Since August the marketplace has doubled in size to now have more than 4,000 sellers. Not only that, but since August active sellers - sellers who went beyond joining the marketplace and had sales - have doubled too. There are 1,000 active sellers on the Walmart marketplace already.

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Walmart News

Walmart on Thursday reported Q2 2016 earnings beating market expectations. Ecommerce sales (gross merchandise volume) grew by 13%, well above the last three quarters' growth rate. Walmart was struggling to grow their ecommerce sales - in Q1 2016 ecommerce sales grew by only 7%.

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Walmart News

Today Walmart made the biggest move yet in a bid to compete with Amazon by acquiring Jet.com. Jet.com has been online for a little over a year since July 2015. Jet.com founding team included Marc Lore, who had previously founded Quidsi, the umbrella company for Daipers.com, Soap.com and BeautyBar.com, and then sold the company to Amazon for $545 million in 2010.

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Walmart News

Since 2009 when the marketplace launched until 2016 May only 500 sellers were approved to sell. Then in three months that number has grown to 1,000 sellers. And now in just a month it has doubled to 2,000. At this pace we expect Walmart to be adding at least 1,000 new sellers every month.

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Walmart News

Even though the Walmart Marketplace launched in 2009 it has been slow to grow. When we reported on it in May it had only grown to 500 sellers. Walmart has been working on perfecting their processes and improving the software side of it which implied the limited growth of the marketplace. Nonetheless since then it has been growing at a steady pace and just crossed 1,000 sellers.

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Walmart News

Walmart reported 2016 Q1 results this week, and while the company has posted positive results and outperformed the estimates, ecommerce growth has been disappointing. Despite big investment into its websites and the Walmart Marketplace, ecommerce sales rose only 7% in the quarter.

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