Walmart Surpasses Amazon in E-Commerce Market Share

Walmart has been a surprising success story in e-commerce over recent years. The retail giant's investments in logistics, fulfillment, and selection have enabled it to gain significant market share against Amazon.

The company's efforts have resulted in meaningful gains for Walmart at the expense of its main competitor. Stock prices used were those from September 23rd, 2026. By that afternoon, Walmart's stock had reached a value of $WMT +0.36% while Amazon's was trading at $AMZN +0.12%.

This achievement is particularly notable given the significant investments required to build out its e-commerce capabilities. However, according to Parkev Tatevosian, CFA, Walmart has managed this feat without sacrificing profitability.