Walmart's Global Ad Business Grew 26% in Q2

Ad spend from third-party sellers boosted revenue

Walmart’s ambitions to be a major advertising player are continuing to grow.

The retailer reported global ad business growth of 26% year-over-year during the second quarter of its financial year 2025 earnings. Within the U.S., Walmart’s ad business, called Walmart Connect, saw 30% year-over-year growth during the quarter. 

Walmart specifically credited third-party marketplace sellers, which allows brands to list and sell their own items, for the advertising boost. Ad revenue from third-party marketplace sellers increased by nearly 50% year-over-year during the quarter.

The retailer did not disclose the total size of its ad business.

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