Recently, ecommerceDB analyzed the two major e-commerce giants in the United States. Since the main annual total data for 2021 has not been made public, the data for 2020 was used for comparison. As we all know, Amazon and Walmart are among the most successful companies in the world and the two major e-commerce competitors in the United States. Both are among the top 5 online markets in the world, and their main online stores are among the top 3 in the world.
Walmart is the world's largest private employer with more than 2 million employees and ranks first on the Fortune 500 list of the world's largest companies by revenue. Walmart's main e-commerce net sales increased 63% year-on-year in 2020.
But from an all-around perspective, Amazon has outperformed Walmart in several key areas, with a significant gap.
Amazon's market value increased by 74% in 2020, from $920 billion to $1.6 trillion. In contrast, Walmart's market value is only $408 billion, less than half of Amazon's market value in 2019.
In addition, Amazon also outperforms Walmart in e-commerce. In recent years, Amazon has been leading in e-commerce net sales, and it is also not to be underestimated in terms of total GV. Amazon's total GV in 2020 reached US$627 billion, almost five times that of Walmart.
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