- The ranking was done in terms of revenue, and Walmart had to overtake
- There is still a large gulf between Walmart and
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Walmart just hit a major milestone in its quest to take on Amazon (WMT, AMZN)
Walmart is now the No. 3 online retailer in the US by revenue, just passing Apple.
Walmart's online pickup tower is a major step forward for the retailer's online plans.
Walmart just hit a major milestone in its quest to become one of the country's largest online sellers.
The company just leapfrogged Apple to become the third-biggest online retailer in America in 2018, according to eMarketer's latest forecast.
According to eMarketer, by the end of this year Walmart will have 4% of all online retail sales in the United States, up from 3.3% last year. In terms of dollar value, those sales would totalAhead of Walmart is eBay, with 7.6% of US online sales.
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Walmart's sales numbers include the websites for
"Walmart's e-commerce business has been firing on all cylinders lately," eMarketer principal analyst Andrew Lipsman said in a statement. "The retail giant continues to make smart acquisitions to extend its e-commerce portfolio and attract younger and more affluent shoppers. But more than anything, Walmart has caught its stride with a fast-growing online grocery business, which is helped in large part by the massive consumer adoption of click-and-collect."
It's not all good new for Walmart, however, as the giant Amazon still looms large over the online shopping sphere. Emarketer estimates the company will rake in
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