Flipkart BBD Boosts Walmart International Q3

By By Rediff Money Desk, New Delhi
Nov 21, 2025 16:39
Flipkart''s Big Billion Day sales event significantly lifted Walmart International''s Q3 results. Details on growth and impact.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Nov 21 (PTI) US-based retail giant Walmart has said the timing of the "Big Billion Day" sales event of its Indian e-commerce arm Flipkart has "benefited sales growth" of its international business in the third quarter of FY26.

Walmart International revenues were "positively affected by timing of Flipkart's BBD event", the US-based retail giant said in an earnings statement on Thursday.

Moreover, Walmart Inc., which reported a global revenue of USD 179.5 billion in Q3, said its "gross margin rate was up 2 bps, led by Walmart US", however, it was "partially offset by International due to the timing of Flipkart's Big Billion Days (BBD) event".

Walmart's International business, which operates in 18 countries outside the US, has reported a double-digit growth of 10.8 per cent to USD 33.5 billion in the third quarter of FY26.

In constant currency (CC) terms, Walmart's International business net sales growth was 11.4 per cent.

"Growth in net sales (cc) led by Flipkart, China, and Walmex; transaction counts & unit volumes up across markets."

Walmex is Walmart's Mexican and Central American division.

Walmart International eCommerce sales in the October-December period rose 26 per cent.

However, Walmart said though the "timing of Flipkart's Big Billion Days event benefited sales growth in Q3", it "will negatively affect Q4 growth".

During the quarter under review, Walmart's advertising business also grew 34 per cent -- once again "led by Flipkart, benefited by BBD timing", the earnings statement said.

The Flipkart Big Billion Days 2025 sale ran from September 23, 2025 to October 2, 2025. It featured early access for Flipkart Plus and Black members on September 22, 2025.

Walmart acquired a 77 per cent controlling stake in Flipkart in 2018, in a USD 16-billion deal.

In subsequent years, it further raised its stake to over 80 per cent in the Bengaluru-headquartered e-commerce major.
Source: PTI
Read More On:
flipkart big billion daywalmart internationalq3 salesecommerce growthwalmart earnings
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