Walmart WFS delivery service performed strongly in 2021, up 500%!

It is learned that according to foreign media reports, Jaré Buckley-Cox, vice president of Walmart's delivery service, recently stated that the total volume of goods in Walmart's third-party delivery network (Walmart fulflment service) increased by 500% in 2021, that is, the business scale also increased by 500%, and many sellers using WFS experienced doubling of revenue growth.

Walmart reportedly added about 20,000 new sellers to its U.S. marketplace in 2021. Walmart is offering incentives to attract sellers to use its delivery services, such as a 10% delivery discount for sellers who register before May.

Walmart Chief Financial Officer Brett Biggs said expanding WFS delivery services is key to attracting more sellers to Walmart's marketplace.

It is reported that attracting more sellers to Walmart can help Walmart expand the scale of the third-party market and thus obtain more revenue. It is worth noting that driven by WFS, Walmart’s advertising revenue exceeded US$2 billion in 2021.

In addition to generating revenue from third-party sellers, Walmart has another goal: to increase the variety of goods online. Walmart said it expects its online marketplace to have more than 200 million items by the end of 2022.

WFS is just one of the many services Walmart offers to third-party sellers. Walmart has also launched the GoLocal delivery service to provide same-day delivery services to customers of other retailers such as Home Depot and Chico's.

Walmart CEO Doug McMillon said that currently, Walmart has 1,000 GoLocal pickup locations and expects to reach 5,000 by the end of 2022.

Editor ✎ Nicole/

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