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Amazon Surpasses Walmart in Revenue For First Time


Amazon has dethroned Walmart in quarterly revenue for the first time ever. From a report: Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat out Walmart's sales for the period, which came in at $180.5 billion, the company reported on Thur...

From a report: Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat out Walmart's sales for the period, which came in at $180.5 billion, the company reported on Thursday. Since 2012, Walmart has held the distinction of being the top revenue generator each quarter, a title it gained after overtaking oil giant Exxon Mobil.

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