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A lot of folks used the same argument against Amazon to explain why Wal-Mart was going to blow them away in ecommerce. lol

• SavantIdiot 5y ago
  You could be right. However, in the history of modern corporate America going back a century, how many times has an upstart dominated a multi-decade established industry? Give up? Exactly once: Amazon disrupted publishing. So TSLA could very well dominate the car industry in 5 years, but history is has much better odds. If you disagree, please provide some examples, I'd like to learn. EDIT: WalMart has higher e-commerce revenues than Amazon according to this by almost 30%: https://www.nasdaq.com/articles/amazon-vs.-walmart%3A-which-retail-stock-is-a-better-pick-2021-08-19 https://www.nasdaq.com/articles/amazon-vs.-walmart%3A-which-... But again, help me out with some facts if I'm so wrong.
  • josephh 5y ago
    > WalMart has higher e-commerce revenues than Amazon according to this by almost 30% What? Here's a quote from the same article: > Our global eCommerce sales are on track to reach $75 billion by the end of the year. This has to be the annual sales figure right? Amazon surpassed this number several years ago.
  • tinyhouse 5y ago
    > EDIT: WalMart has higher e-commerce revenues than Amazon according to this by almost 30%: That doesn't make sense. Without checking the link I'm sure you're looking at total commerce revenue, not only e-commerce.