Technology Other News 19 Nov 2018 Walmart pushes down ...

Walmart pushes down Apple to become number 3 online retailer

ANI
Published Nov 19, 2018, 9:45 am IST
Updated Nov 19, 2018, 9:53 am IST
Walmart is poised to capture 4 percent retail e-commerce sale this year making USD 20.91 billion.
Leading the ranking is Amazon, accounting for 48 percent share, owing to the upcoming holiday season.
 Leading the ranking is Amazon, accounting for 48 percent share, owing to the upcoming holiday season.

This year seems to be a tad slow for Apple as e-commerce giant Walmart has overtaken the iPhone maker to become number 3 online retailer in the US.

According to a report from eMarketer, Walmart is poised to capture 4 per cent retail e-commerce sale this year making USD 20.91 billion, while Apple is expected to secure 3.9 per cent share, due to the shrinking domestic sales of smartphones and other devices.

 

Leading the ranking is Amazon, accounting for 48 per cent share, owing to the upcoming holiday season, and is likely to make around USD 252.10 billion this year. At number 2 is eBay with 7.2 per cent share and number 5 is The Home Depot with 1.6 per cent share.

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