Amazon surpasses Walmart in revenue for first time

Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center in New York City on Nov. 30, 2022.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 out Walmart's sales for the period, which came in at$180.5 billion, the company reported on Thursday.Since 2012, Walmart has held the distinction of being the top revenue ...