Amazon is expected to surpass Walmart to become the largest retailer in the United States in 2022! Here are the reasons...

It is learned that recently, JPMorgan Chase said that Amazon is likely to surpass Walmart in 2022 and become the largest retailer in the United States.

Doug Anmuth, an analyst at JPMorgan Chase, said that first, Amazon's traffic has doubled in the past two years, accounting for about 40% of the US e-commerce market, far ahead of other retailers. Second, Amazon has launched a variety of large and small promotions since October 4, which will greatly boost revenue during the peak season.

Doug Anmuth further stated that the early launch of various shopping activities shows that Amazon has a large amount of inventory to maintain the entire holiday season and is able to handle increased orders. In addition, consumers' early shopping can also help Amazon alleviate supply chain tensions and minimize first-party and third-party inventory shortages and delivery delays.

Thirdly, the improvement of its own logistics network will also help Amazon become the largest retailer in the U.S. It is reported that since the outbreak of the epidemic, the delivery speed of Amazon's goods has doubled and has now reached a very high level, and it can even deliver goods in 2022 in 2021 in advance.

In addition, on November 34, JPMorgan Chase gave Amazon stock an "overweight" rating with a target share price of $4,300, and said that although Amazon's recent sales and profit margin growth has been relatively slow, it is expected that Amazon will reach an "inflection point" in early or mid-2022, and then grow rapidly. In short, Amazon's revenue in fiscal 2022 is very optimistic.

Editor ✎ Nicole/

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