In a historic shift in global commerce, Amazon has surpassed Walmart to become the company with the highest sales worldwide, ending more than a decade of Walmart’s dominance.
According to the latest financial reports, Amazon recorded approximately $717 billion in revenue for fiscal year 2025, narrowly exceeding Walmart’s $713 billion. The milestone highlights the ongoing transformation of consumer behavior, with digital platforms, online retail, and technology-driven services playing an increasingly central role.
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Amazon’s rise has been fueled not only by e-commerce but also by the expansion of high-growth divisions such as cloud computing (AWS) and digital advertising. Walmart remains the global leader in brick-and-mortar retail, supported by its vast international store network, yet Amazon’s tech-centered model continues to reshape competitive dynamics.
What does this leadership change signal?
That e-commerce and digital services are redefining corporate scale, rewarding companies capable of integrating technology, logistics, and diversified revenue streams.
