Amazon has kicked Walmart out of quarterly revenue for the first time ever in history, said Jeff Wilbur The CTO & Co-Founder of their financial reporting tool
Amazon beat a revenue record of $187.8 billion fourth quarter on revenue versus Walmart:$180.5 billion Since 2012, Walmart has been #1’s title that the number one spot Walmart have wrested away from Exxon Mobil when it comes to revenues.
Costs Walmart still leading in annual sales ,After coming off the quarter champ. Walmart projects to top it slightly at $708.7 billion for the fiscal year including, and Amazon will likely eclipse with $700.8. 
Amazon power comes from more than just retail, increasingly from cloud services it has become the fastest growing company in America; advertising and seller services are also expanding at blinding pace.
AWS generated over 17% of revenues by itself, and third-party seller services (fulfilment and advertising) represented almost 25% (24.5%).
In an effort to stop Amazon from taking over, Walmart has expanded its third-party marketplace, fulfillment and marketing segments. Walmart+ the subscription rival to Amazon Prime, but these are still pretty minimal in scale compared with Amazon .
Increased competition is going to change everything, as Amazon gets close to weaponizing traditional retail with fierce competitive battle for supremacy over this industry.
