Amazon dominates online sales, but to what degree do they do so? To a very lopsided degree, based on recent revenue figures.
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Tag: Walmart
Walmart buys Jet.com for $3 billion
In online commerce news, big box store giant Walmart is planning to buy the online retail startup Jet.com for $3 billion. Jet.com started last year as a would-be competitor to online giant Amazon. It featured a pricing model based on how much stuff one buys, as well as free two-day shipping.
Below is an infographic showing how much revenue various major US retailers brought in in 2015.
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