When Will Amazon Dethrone Walmart as the Revenue King?

When Will Amazon Dethrone Walmart as the Revenue King?

Retail giant Walmart (NYSE: WMT) has held the top spot in revenue generation among publicly traded companies for about 20 years now (it dethroned ExxonMobil in 2001). E-commerce giant Amazon (NASDAQ: AMZN) climbed through the ranks of publicly traded companies to reach the unofficial No. 2 spot last year (China Petroleum & Chemical is technically No. 2, but it is majority-owned by the Chinese government).