BEIJING - Robust third-quarter sales growth in China and some key markets is making US retail giant Walmart Inc upbeat about full-year earnings prospects. Investments in e-commerce and a home delivery system for groceries are further boosting its confidence. Third-quarter revenues in China rose 4.3 per cent year-on-year, driven by strong sales of fresh food, it said, without disclosing absolute figures. Particularly, Sam's Club, Walmart's high-end membership stores in China, saw a good performance during Mid-Autumn Festival in September. Walmart's global revenues in the third quarter reached $124.9 billion, up 1.4 per cent yea...
Keep on reading: Walmart upbeat after China success
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