Hacker Read

bognition | karma 3352 | avg karma 6.0 · 2017-10-26 21:41:20+00:00

In many ways amazon has already eaten walmart. In what way is walmart the biggest company on the earth?

Nelkins | karma 1459 | avg karma 3.1 · 2017-10-26 22:05:23

It's the largest company by revenue [1] and employee count [2].

[1] https://en.m.wikipedia.org/wiki/List_of_largest_companies_by...

[2] https://en.m.wikipedia.org/wiki/List_of_largest_employers?wp...

reply

sethev | karma 1592 | avg karma 6.77 · 2017-10-26 22:05:33

Revenue and number of employees

iampims | karma 1377 | avg karma 2.53 · 2017-10-26 22:07:49

Headcount I believe.

pwinnski | karma 8733 | avg karma 2.92 · 2017-10-26 22:17:28+00:00

Walmart isn't the biggest company on earth by most means.

Last quarter, Walmart reported $31.8B profits on $123.4B earnings. For the similar quarter, Amazon reported $14.5B profits on $38.0B earnings. So Walmart dwarfed Amazon overall.

Amazon's fresh results are great, and it helps to close the gap between them, but they are still much smaller than Walmart.

Unless you're talking online-only, in which case the comparison switch around, and Amazon is already much bigger than Walmart. But Walmart's online sales are a small percent of their earnings.

reply