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Re:Amazon has acquired Facebook's satellite internet team by adrr on Wednesday July 14, 2021 @12:25PM (#27834878)
Walmart sells a lot more stuff than Amazon. People over estimate the size of Amazon and total retail sales.
Re:Amazon has acquired Facebook's satellite internet team by yaitsyaboi on Wednesday July 14, 2021 @12:36PM (#27835029)
Amazon has higher retail sales than Walmart?
Re:Amazon has acquired Facebook's satellite internet team by thedogeye on Wednesday July 14, 2021 @12:56PM (#27835279)
Yes, Amazon does more retail sales than Walmart. Their "revenue" is only 15% on all third party sales, which are now more than half of total sales on the platform. They don't report on total sales on the platform on purpose to avoid drawing attention to the fact that they are bigger than Walmart.
Re:Amazon has acquired Facebook's satellite internet team by dmoy on Wednesday July 14, 2021 @01:01PM (#27835331)
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.

Re:Amazon has acquired Facebook's satellite internet team by adrr on Wednesday July 14, 2021 @01:09PM (#27835461)
Shopify for comparison is almost half the size of Amazon Marketplace but on trajectory to match it in the next two years.
Re:Amazon has acquired Facebook's satellite internet team by jjeaff on Wednesday July 14, 2021 @05:25PM (#27838634)
But 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.
Re:Amazon has acquired Facebook's satellite internet team by neolog on Wednesday July 14, 2021 @02:38PM (#27836688)
That question mark is confusing
Re:Amazon has acquired Facebook's satellite internet team by pastrami_panda on Wednesday July 14, 2021 @02:55PM (#27836892)
If you have to ask what it symbolizes - it doesn't
Re:Amazon has acquired Facebook's satellite internet team by TchoBeer on Wednesday July 14, 2021 @02:53PM (#27836865)
I'm not confused by it, though I'm a native English speaker and live in an English speaking country and spend most of my internet time on English speaking internet, so maybe that's why