Hyderabad, Feb. 19 -- Amazon has surpassed Walmart to become the world's largest company by revenue, marking a significant milestone for the e-commerce and cloud computing major that began as an online bookseller in Jeff Bezos' garage in 1994.
Walmart, which had held the top spot for more than a decade, reported sales of $713.2 billion for the 12 months ended January 31. Amazon, which follows a December-ending fiscal year, earlier this month posted 2025 revenue of $717 billion, according to aBloombergreport.
Over the past decade, Amazon's revenue growth has outpaced Walmart's by nearly 10 times, driven by a shift in consumer spending from brick-and-mortar stores to online platforms, as well as the rapid expansion of its cloud arm, Amazo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.