“We have nearly 1000 GoLocal service pickup points and we expect to end this year closer to 5,000.”

In context

“represented 44% of total marketplace orders in India, and 22% in Mexico. Growing our marketplace expands choice for our customers, helps our sellers grow and enhances our profit margins. Our plan for this year includes strengthening the experience for sellers and adding fulfillment capacity, so customers have access to more items faster. It's clear to me that we have years of profitable marketplace and fulfillment services growth ahead of us. Staying on the theme of fulfillment and scaling new businesses. We recently launched Walmart GoLocal, a last mile delivery solution using our Spark Driver platform to help businesses of all sizes reach more customers. GoLocal is making deliveries for the Home Depot and other large retailers. But I'm most excited about serving small local retailers. We have nearly 1000 GoLocal service pickup points and we expect to end this year closer to 5,000. This is good for customers, our clients and for us as we lower the cost per order by increasing the combined order size and the route density. As we bring more customers, sellers and suppliers into our ecosystem, it expands our ability to monetize those relationships. A great example is our advertising business. Globally, it's been growing at a high rate with high margins and is now a $2.1 billion business and only a few years, and we expect this strong growth to continue. And as our e-commerce business including marketplace continues to grow, so will our advertising business. We're taking the learnings from the U.S. and India and growing in places like Mexico, Canada and Chile. Importantly, we're beginning to build tech platforms that can be leveraged in multiple countries. Our strong t”