Friday, September 7, 2018

These 21 major retailers are worth less than Amazon…combined

CNBC
Amazon was valued at $955.1 billion as of market close on Thursday. That makes it worth more than 21 other major retailers, combined – from Walmart to Costco.

Despite its valuation, the e-commerce behemoth generates only a fraction of the retail sales that the other 21 companies do, combined. In fact, Walmart by itself sold almost $500 billion in goods worldwide in 2017, more than three times as much as Amazon, according to Kantor Consulting.. . . more