Walmart reported profits today. Most of the numbers are immaterial to you and I, having little to nothing to do with the world of private capital and start-ups, but one metric did leap out: In its quarter ending July 31, Walmart’s U.S. “e-commerce sales” grew by 97% compared to the year-ago quarter, with what […] The Exchange explores startups, markets and cash. Walmart’s total revenue grew 5.6%, so you can see the inconsistency in between the company’s physical service and its e-commerce efforts, with one managing single-digit gains and the other almost hitting triple digits. For recommendation, in its fiscal ending May 1, 2020, Walmart’s e-commerce sales grew by 74%. The e-commerce velocity is real, as shown through a host of numbers you can parse, consisting of Walmart’s own. And yet, while Q2 2020 was a bit better than Q1 2020 for e-commerce VC results, it wasn’t much of a resurgence.Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.