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I think amazon may have higher total sales on its platform, but like 60% of their sales are actually sold by other marketplace sellers, not Amazon. Walmart mea
by dmoy 5y ago
I think amazon may have higher total sales on its platform, but like 60% of their sales are actually sold by other marketplace sellers, not Amazon.
Walmart meanwhile does also have a marketplace, but I think still sells the overwhelming majority of their stuff direct in their physical stores.
Remember Walmart has revenue of like 600 billion a year or something crazy.
- adrr 5y agoShopify for comparison is almost half the size of Amazon Marketplace but on trajectory to match it in the next two years.
- jjeaff 5y agoBut that 15% that amazon takes (not counting the extra cut they take for Fulfilled by Amazon items) is larger than Walmart's average markup. So that isn't really an argument against their size.