amadozu

amadozu t1_iwxjvei wrote

Calling Amazon a monopoly is frankly a bit daft. The graph is just a list of 'e-commerce companies' listed by global revenue (including all division of each business, e-commerce or not). Walmart for instance made $67 billion in direct e-commerce last year, but isn't listed because it's not explicitly an e-commerce business. The same is true of most major e-commerce players in the US (Target, Best Buy, Costco, etc).

For retail in general in 2021 (US-only):

  1. Walmart: $460b
  2. Amazon $220b
  3. Costco: $140b
  4. Home Depot: $140b
  5. Walgreens Boots: $110b

You have to go down to 47th before you reach less than $10 billion. The US retail market is comically huge, and e-commerce is a minority of it. Amazon is the largest player within that minority, but a tiny portion of US retail in general.

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