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Amazon surpasses Walmart in revenue for the first time

  • Amazon has achieved a quarterly revenue of $187.8 billion, surpassing Walmart's $180.5 billion for the first time ever.
  • Amazon's revenue includes significant contributions from its cloud computing and seller services, with 24.5% from third-party seller services.
  • Walmart is projected to lead in annual sales with $708.7 billion, while Amazon's revenue for 2025 is expected to reach $700.8 billion.
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Verve times broke the news in on Thursday, February 20, 2025.
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