Amazon’s Market Cap Now Bigger Than Walmart’s

Some interesting graphs from Quartz. Amazon wins on growth. Walmart wins on profit — but we all know Amazon doesn’t even try to turn a profit. More importantly, Walmart’s revenue remains more than five times that of Amazon.

More interesting, perhaps — and a big reason behind continued investor enthusiasm — is that thanks to AWS, Amazon is more than just a retailer now. AWS is now a $6 billion a year business.

Thursday, 23 July 2015