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179 Amazon Dethrones Walmart as World's Biggest Company by Sales

Slashdot
msmash @ Slashdot · today 10:08 EDT

Amazon Dethrones Walmart as World's Biggest Company by Sales

An anonymous reader shares a report: Amazon has officially dethroned Walmart as the biggest global company by revenue, a milestone attesting to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller in Jeff Bezos' Seattle-area garage.

Walmart, which had been the largest company by revenue for more than a decade, on Thursday reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon, which operates on a fiscal year.

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