Amazon Overtakes Walmart in Revenue!

In an unprecedented shift in the retail landscape, Amazon has officially dethroned Walmart in quarterly revenue for the first time ever! In Q4, Amazon raked in a staggering $187.8 billion, surpassing Walmart’s $180.5 billion. While Walmart maintains its lead in annual sales, Amazon is rapidly closing the gap, projected to reach $700.8 billion in revenue by 2025. Discover how Amazon's growth isn't just driven by retail; its cloud services, advertising, and third-party seller fees, particularly through Amazon Web Services, are crucial players in this success. Walmart is not staying idle, pushing its own marketplace and advertising strategies to catch up. 📈💰

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