Amazon CEO Andy Jassy speaks during a New York Times meeting in a salad in the appeal room in the Lincoln Center in New York, November 20, 2022.
Michael M. Santiago | Getty Images
Amazon is derived Walmart In a quarterly revenue for the first time ever.
Amazon to earlier this month that he had brought $ 187.8 billion in revenue during the fourth quarter. It beat Walmart’s sale for that period, which arrived $ 180.5 billion, a company reported on Thursday.
Since 2012 Walmart kept a difference to be the highest revenue generator of each quarter, the title he has acquired after being overtook the oil giant Exxon Mobil.
Walmart continues to lead the way to the annual sale, although Amazon gets on the field. Walmart is predicted to wrap $ 708.7 billion in a fiscal year ahead, while Amazon’s full year is expected to reach $ 700.8 billion for a full year, according to FactSet.
Amazon’s basic retail unit remains its largest revenue generator, but its upper line also encourages huge companies for computing, advertising and cloud seller services. Third -party seller services, which include commissions and fees that Amazon has collected for fulfillment and shipment, advertising and user support, consisting of 24.5% of the total company sales last year. The Amazon Web Services was responsible for almost 17%.
Walmart sought his main rival to keep a sales growth. The company manages third party market and offers seller filling services, although both companies are part of the Amazon size. Walmart also launched advertising and loyalty program for customers, called Walmart+This competes with Amazon Prime.
– CNBC -ovi Robert Hum contributed to this report.
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