Walmart Inc WMT

Alternate Symbol(s): N.WMT

Consumer Defensive Grocery Stores

Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as e-commerce websites and mobile applications, located throughout the United States, Africa, Canada, Central America, Chile, China, India and Mexico. It operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the Company's mass merchant concept in the United States, as well as e-commerce, which includes omni-channel initiatives and certain other business offerings such as advertising services through Walmart Connect. It operates under the Walmart and Walmart Neighborhood Market brands. The Walmart International segment consists of the Company's operations outside of the United States, as well as e-commerce and omni-channel initiatives. The Sam's Club segment includes the warehouse membership clubs in the United States, as well as e-commerce and omni-channel initiatives.

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Post by AwareInvestoron Sep 13, 2021 11:30am

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Post# 33848528

Litecoin Falls After Walmart Fake News Fiasco

It appears that cryptocurrencies are full steam ahead towards regulation. That is, at least after this mornings events surrounding Litecoin and Walmart.

This morning, it appears that what is now referred to as a fake news release, was distributed via “Walmart” on GlobeNewsWire. The now pulled release, titled “Walmart Announces Major Partnership With Litecoin (LTC),” effectively stated that a partnership had been formed between the two entities, with Walmart to begin accepting the cryptocurrency for payments as of October 1, 2021.

https://thedeepdive.ca/litecoin-falls-after-walmart-fake-news-fiasco/

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