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Amazon Overtakes Walmart 🛍️

Writer: PlutoPluto

Amazon is on the brink of a historic milestone, set to overtake Walmart in quarterly revenue for the first time. Analysts expect Amazon to report sales of $187 billion, surpassing Walmart’s projected $180 billion when the latter reports later this month.


The e-commerce giant’s success isn’t just about retail dominance—it’s driven by its cloud computing powerhouse, AWS, which fuels much of its profitability. While Walmart remains the world’s largest retailer by revenue, Amazon’s rapid expansion into logistics, advertising, and AI-driven services has reshaped the competitive landscape.


This shift marks a symbolic moment in the evolution of global commerce. Walmart has led the Fortune 500 for over a decade, holding the highest quarterly revenues since 2012. But Amazon’s relentless growth, spanning from its marketplace ecosystem to subscription models like Prime, has steadily chipped away at Walmart’s lead.


Market valuations already tell the story—Amazon’s worth has soared to $2.5 trillion, dwarfing Walmart’s $823 billion. The retail battle is far from over, but Amazon’s diversification strategy continues to push it into new territory, proving that its dominance extends far beyond online shopping.


Disclaimer

Not financial or tax advice. No content produced by Pluto is financial, accounting, legal or tax advice. Our content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This article is not tax advice. Talk to your accountant. Do your own research. The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.


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