- Walmart Inc (NYSE:WMT) launched a new platform Walmart Creator, designed around creators better known as influencers.
- Walmart Creator is a one-stop portal that allows creators to monetize shoppable products from the retailer.
- Creators who sign up will have access to tens of thousands of products and can earn revenue, all while earning commissions on sales they refer with no cap.
- Also Read: Alibaba Gets A Boost Ahead Of Its Shopping Festivals; Livestreaming Sales King Reappears After 3 Months
- Users of the platform can share product links to any social platform or group of their choice, receive product recommendations based on interests and affinities, and collect valuable performance data.
- In July, Amazon.com Inc (NASDAQ:AMZN) ramped up investment in Amazon Live to tap the QVC-style livestream shopping market, taking a leaf out of Alibaba Group Holding Limited (NYSE:BABA).
- Amazon doled generous bonuses to the top influencers to stream live on Amazon, exclusively betting on China’s success in the segment.
- Price Action: WMT shares traded higher by 1.72% at $133.64 on the last check Tuesday.
Powell Industries Q4 EPS $0.73 Beats $0.18 Estimate, Sales $162.68M Beat $138.31M Estimate
Powell Industries (NASDAQ:POWL) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.18 by 305.56 percent. This is a 160.71 percent increase over earnings of $0.28 per share from
