Amazon first exceeds Walmart with income

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Amazon CEO Andy Jassy speaks at the New York Times Dealbook summit in the New York City’s Lincoln Center in New York City.

Michael M. Santiago | Getty pictures

Amazon overthrown Diamatic In quarterly income for the first time.

Amazon This month ago said That there is $ 187.8 billion in revenue in the fourth quarter. Sales of Walmart for sale for a period of $ 180.5 billion reported on Thursday.

Walmart since 2012 He had a difference To be the best income generator in every quarter, a hood that he wins after fat giants Exxon Mobile.

Walmart still paves the road on annual sales, although Amazon takes place. Walmart is expected to reach $ 700.8 billion for the full annual income for 2025 for 2025, Amazon for 2025.

Amazon’s main retail section remains the largest income generator, but its top line is also burned by its mass cloud computing, advertising and seller services enterprises. Third-party seller services, which include commissions and fees collected by Amazon and shipping, advertising and customer support, amounted to 24.5% of the company’s total sales. Amazon web services were about 17% responsible.

Walmart looked at the head opponent for ways to continue sales growth. The company works in the third party market and offers sellers’ performance services, although both enterprises are part of Amazon size. Walmart also launched a loyalty program for advertising business and buyers, Called Walmart +Compete with Amazon Prime.

– CNBC’s Robert Hum contributed to this report.

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