India, Aug. 20 -- Global retail giant Walmart said that ecommerce major Flipkart's ad vertical drove its global advertising business in the second quarter (Q2) of FY27.

In its earnings release, Walmart said that its advertising business grew 20% during the quarter, led by Flipkart Ad. Overall, its global advertising business grew by 38% during the quarter. It did not specify whether the growth was on a sequential or a year-on-year basis.

Walmart International's net sales stood at $35.2 Bn during the quarter ended July 2026, up 12.8% from $31.2 Bn in the previous year period. On a constant currency basis, sales rose 7.9% to $33.7 Bn.

The company's operating income saw a growth of 28.8%, driven primarily by China and India.

Walmart Inte...