Wal-Mart's online sales growth impresses

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Wal-Mart (WMT) grew internet sales at a faster clip than Amazon for the first time in a decade, according to Internet Retailer.

Online sales at Wal-Mart grew 30% to $10B, compared to Amazon's 20% gain to $67.8B.

The growth comes after major investments from Bentonville in technology and fulfillment centers.

The company expects to grow online sales another 30% this year to $13B.