Amazon just overtook Walmart in revenue for the first time
In the three months ending December 31, 2024, Amazon reported a 10% year-over-year increase in revenue to $187.8 billion, putting it ahead of Walmart ($180.6 billion) for the first time ever. This is despite the ecommerce platform being around three times larger than Walmart, which has a valuation of $780.92 billion.
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