Amazon surpassed its retail rival Walmart in quarterly sales for the first time ever. Walmart held the top spot in that department for over a decade. Amazon owes much of its success not only to its retail arm,

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat Walmart’s sales for the period,

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.