Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.

Amazon reported quarterly revenue of $187.8 billion earlier this month, while Walmart reported its own earnings Thursday afternoon, posting a top line of $180.5 billion. For what

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat Walmart’s sales for the period,

Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.

Amazon (NASDAQ:AMZN) has surpassed Walmart (NYSE:WMT) in quarterly sales for the first time ever, bringing the e-commerce giant closer to catching up with the world's largest retailer. Walmart (NYSE:WMT) on Thursday reported fourth-quarter revenue of $180.