Amazon is about to pass Walmart in revenue for the first time ever
The clash of the retail titans has entered a new phase: For the first time, Amazon (AMZN) has surpassed Walmart (WMT) in annual revenue. The online retailer famously founded by Jeff Bezos in his garage during the 1990s has long led Walmart in market capitalization but hadn’t passed Walmart in earnings. Until now. In…Read more...
The clash of the retail titans has entered a new phase: For the first time, Amazon (AMZN) has surpassed Walmart (WMT) in annual revenue. The online retailer famously founded by Jeff Bezos in his garage during the 1990s has long led Walmart in market capitalization but hadn’t passed Walmart in earnings. Until now. In…
