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Wal-Mart working to make inroads against Amazon

NEW YORK — The nation’s largest retailer keeps working to make headway against the largest online seller. Like other traditional retailers, Wal-Mart has been trying to improve its online operations to challenge Amazon, which accounted for 33 percent of total U.S. online sales last year, according to the research firm Euromonitor. Wal-Mart moved into second place last year ahead of eBay, accounting for 7.8 percent of online sales, up from 7.4 percent in 2015. But Wal-Mart’s online sales still only account for about 3 percent of its global sales, or about $14 billion. That compares with $94 billion in global net product sales for Amazon.com.

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