Hello, everybody, and welcome to another episode of the Healing 10 Weekly Buzz.

My name is Lem Turner, and this is the show where we get you familiar with the latest news in the Amazon and e-commerce space,

interview people in the industry that you need to hear from, and provide you with a training tip of the week that will give you serious strategies for serious sellers of any level in the amazon walmart and e-commerce world so now let's see what's

buzzing this week today we're going to be going over our top news of the week which includes

walmart's earnings report get into some potential helium 10 trivia and show you how you can win some

helium 10 swag and then talk about our upcoming

bigger, better launch. So now let's get started first with our news of the week. Our first piece of

news for the week is Walmart has released their earnings report recently, which has gotten some

interesting statistics. Ecommerce has grown around 1% or 38% if you can compare it on a two-year stack and our global

advertising also grew by more than 30%. So it seems that people are starting to really realize

the value of Walmart's advertising. Now within their earnings report, Walmart does reference a

blend of inflation, specifically on food and fuel, as a reason for why their

operating costs have increased, but they do seem pretty optimistic about for the future.

So we shall see.

Moving on to our second news piece of the week, we get into Shopify finding their way

into the logistics industry.

They have recently acquired the Liver, with with two hours for $2.1 billion,

which is the largest acquisition in Shopify's history, and they will also be absorbing

their 400 plus employees as well. So now Shopify says it plans to use the liver to combine it

with their own Shopify fulfillment network, as well as to use it to power their own shop promise guarantee, which is a new service that will provide customers with a two-day delivery or next-day delivery.

Definitely seems like Shopify is getting its gears ready to be a rival for the Buy with Prime initiative, especially for third-party merchants looking for a

faster more reliable shipping solution outside of amazon sellers for amazon prime so let us know

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