Report: Amazon's growth could outpace Walmart's in 2022


On its current growth curve, Amazon is poised to outpace top US retailer Walmart based on gross merchandise volume by next year, according to new research from JPMorgan. Amazon grew its e-commerce market share from 24% in 2014 to an estimated 39% last year, with 2020's sales fueled by a pandemic-related surge in online shopping, the report found.

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