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I am very curious about Wallmart policies against Amazon growth. With this pace amazon will eat Wallmart eventually. And Wallmart is biggest company on earth. W

by 0xFFC 9y ago

I am very curious about Wallmart policies against Amazon growth. With this pace amazon will eat Wallmart eventually. And Wallmart is biggest company on earth. What they are going to do?

bognition 9y ago
In many ways amazon has already eaten walmart. In what way is walmart the biggest company on the earth?
- Nelkins 9y ago
  It's the largest company by revenue [1] and employee count [2]. [1] https://en.m.wikipedia.org/wiki/List_of_largest_companies_by_revenue https://en.m.wikipedia.org/wiki/List_of_largest_companies_by... [2] https://en.m.wikipedia.org/wiki/List_of_largest_employers?wprov=sfla1 https://en.m.wikipedia.org/wiki/List_of_largest_employers?wp...
- sethev 9y ago
  Revenue and number of employees
- deleted 9y ago
  [deleted]
- iampims 9y ago
  Headcount I believe.
- pwinnski 9y ago
  Walmart isn't the biggest company on earth by most means. Last quarter, Walmart reported $31.8B profits on $123.4B earnings. For the similar quarter, Amazon reported $14.5B profits on $38.0B earnings. So Walmart dwarfed Amazon overall. Amazon's fresh results are great, and it helps to close the gap between them, but they are still much smaller than Walmart. Unless you're talking online-only, in which case the comparison switch around, and Amazon is already much bigger than Walmart. But Walmart's online sales are a small percent of their earnings.
adventured 9y ago
Walmart's online business is booming and its offline retail business is still four times the size of Amazon's retail business. Walmart's online retail business is about 30% the size of Amazon's and growing twice as fast. Walmart apparently isn't going quietly. "The discount chain reported on Thursday that U.S. online sales rose a staggering 63% in the first fiscal quarter of the year, following last year’s overhaul of its online marketplace" http://fortune.com/2017/05/18/walmart-online/ http://fortune.com/2017/05/18/walmart-online/ "Wal-Mart’s e-commerce sales grew an impressive 60% y-o-y in Q2." https://www.forbes.com/sites/greatspeculations/2017/08/18/e-commerce-remains-bright-spot-for-wal-mart/ https://www.forbes.com/sites/greatspeculations/2017/08/18/e-...
- homero 9y ago
  Might include Jet
  - deleted 9y ago
    [deleted]
- runako 9y ago
  This comparison isn't all that favorable to Walmart: - Walmart's ecommerce growth is from a base so small they don't give revenue numbers for the segment. - Walmart's overall growth is 1.8%, compared with Amazon's 34% growth. This is the apples-to-apples comparison. At their current growth rates, Amazon will be bigger than Walmart in ~6 years. Most recent Walmart earnings: http://s2.q4cdn.com/056532643/files/doc_financials/2018/Q2/Q2-FY18-earnings-release-final.pdf http://s2.q4cdn.com/056532643/files/doc_financials/2018/Q2/Q...
- echosmith 9y ago
  You need to remove Jet from Walmart and WF from Amazon. Amazon minus WF is still growing at 29%... WF minus Jet and other acquisitions was growing ecommerce at less than 20% from a much smaller base.

by 0xFFC 9y ago

I am very curious about Wallmart policies against Amazon growth. With this pace amazon will eat Wallmart eventually. And Wallmart is biggest company on earth. What they are going to do?

bognition 9y ago

In many ways amazon has already eaten walmart. In what way is walmart the biggest company on the earth?

Nelkins 9y ago
It's the largest company by revenue [1] and employee count [2]. [1] https://en.m.wikipedia.org/wiki/List_of_largest_companies_by_revenue https://en.m.wikipedia.org/wiki/List_of_largest_companies_by... [2] https://en.m.wikipedia.org/wiki/List_of_largest_employers?wprov=sfla1 https://en.m.wikipedia.org/wiki/List_of_largest_employers?wp...
sethev 9y ago
Revenue and number of employees
deleted 9y ago
[deleted]
iampims 9y ago
Headcount I believe.
pwinnski 9y ago
Walmart isn't the biggest company on earth by most means. Last quarter, Walmart reported $31.8B profits on $123.4B earnings. For the similar quarter, Amazon reported $14.5B profits on $38.0B earnings. So Walmart dwarfed Amazon overall. Amazon's fresh results are great, and it helps to close the gap between them, but they are still much smaller than Walmart. Unless you're talking online-only, in which case the comparison switch around, and Amazon is already much bigger than Walmart. But Walmart's online sales are a small percent of their earnings.

adventured 9y ago

Walmart's online business is booming and its offline retail business is still four times the size of Amazon's retail business. Walmart's online retail business is about 30% the size of Amazon's and growing twice as fast. Walmart apparently isn't going quietly. "The discount chain reported on Thursday that U.S. online sales rose a staggering 63% in the first fiscal quarter of the year, following last year’s overhaul of its online marketplace" http://fortune.com/2017/05/18/walmart-online/ http://fortune.com/2017/05/18/walmart-online/ "Wal-Mart’s e-commerce sales grew an impressive 60% y-o-y in Q2." https://www.forbes.com/sites/greatspeculations/2017/08/18/e-commerce-remains-bright-spot-for-wal-mart/ https://www.forbes.com/sites/greatspeculations/2017/08/18/e-...

homero 9y ago
Might include Jet
- deleted 9y ago
  [deleted]
runako 9y ago
This comparison isn't all that favorable to Walmart: - Walmart's ecommerce growth is from a base so small they don't give revenue numbers for the segment. - Walmart's overall growth is 1.8%, compared with Amazon's 34% growth. This is the apples-to-apples comparison. At their current growth rates, Amazon will be bigger than Walmart in ~6 years. Most recent Walmart earnings: http://s2.q4cdn.com/056532643/files/doc_financials/2018/Q2/Q2-FY18-earnings-release-final.pdf http://s2.q4cdn.com/056532643/files/doc_financials/2018/Q2/Q...
echosmith 9y ago
You need to remove Jet from Walmart and WF from Amazon. Amazon minus WF is still growing at 29%... WF minus Jet and other acquisitions was growing ecommerce at less than 20% from a much smaller base.