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Bull of the Day: Walmart Inc. (WMT) – October 13, 2020 [Video]

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Walmart (WMT Free Report) has showed off its growing e-commerce strength during the coronavirus, as its beefed-up offerings help it shine during the social distancing days.

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Walmart earlier this month reportedly agreed to sell its UK grocery chain Asda in a deal worth $8.8 billion. The move came roughly two years after it sold its Brazilian business to a private-equity firm, as it moves away from markets that it believes lack growth and or don’t fit in with its longer-term plans.

Further highlighting WMT’s push toward digital, the company announced in September that it “tentatively agreed to purchase 7.5% of TikTok Global as well as enter into commercial agreements to provide our ecommerce, fulfillment, payments and other omnichannel services to TikTok Global.” Oracle (ORCL Free Report) meanwhile, is set to take a 12.5% stake in the Chinese social media firm that has challenged Instagram (FB

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Ecommerce

Liked Mirzapur 2? Watch these 7 similar shows & movies on Amazon Prime Video, Netflix, ZEE5 & Disney+ Hotstar | GQ India [Video]

Gurgaon, Aarya, Kanpuriye & more, here are 7 shows & movies on Amazon Prime Video, Netflix, ZEE5 & Disney+ Hotstar after youve binge-watched Mirzapur 2

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Ecommerce

Amazon has declined to stream Hoover Institution senior fellow Shelby Steeles timely documentary, What Killed Michael Brown?,which Steele claimed onThe Story with Martha MacCallum" is due to his rejection of a Black victim mentality.