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Amazon is equivalent to Walmart in revenue but has 3x valuation
short by Arin Verma / on Friday, 12 April, 2024
Amazon, a tech giant, and Walmart, a retailer, differ in valuation. Retailers like Walmart base valuation on revenue, profits, and assets. Tech companies like Amazon focus on potential. Amazon's vast presence in grocery, ecommerce, web services, and entertainment, dominating 50% of the internet, fuels its potential to shape the world, affecting its valuation.
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