Amazon overtakes Walmart to lead the world in sales - CNN
AI Summary1 min read
TL;DR
Amazon has surpassed Walmart to become the world's largest company by sales, ending Walmart's 13-year run at the top of the Fortune 500 list, despite Walmart's record revenues and focus on margins.
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AmazonWalmartsalesFortune 500retail
- Amazon overtakes Walmart to lead the world in sales CNN
- Amazon dethrones Walmart as the world's biggest company by sales NPR
- Walmart loses sales crown to Amazon despite record revenues Financial Times
- Amazon takes the No. 1 spot on the Fortune 500, ending Walmart’s 13-year run Fortune
- Walmart earnings show its focus on margins pays off as Amazon rises qz.com