Walmart Debuts Premium Music Instrument Marketplace as eCommerce Sales Jump 28%
Walmart launched a Premium Musical Instrument Shop featuring Fender, Roland and Zildjian, fueling 14 straight quarters of double-digit Marketplace growth and driving a 5.8% quarterly revenue rise to $179.5 billion. Walmart’s digital payments arm PhonePe received IPO approval, potentially valuing it at $15 billion and allowing monetization of its stake.