The Wall St. Journal reports on Walmart's progress against Amazon.  

Article highlights:

• Walmart delivered 2.5b items on the same day in 2023.
• Walmart delivered 5b items on the same day in 2024.
• E-commerce generates 18% of Walmart's revenue but is not profitable. (This is much like Amazon, which didn’t report a profit for the first 10 years. Walmart is running its online business at a loss.)
• Walmart relies on its own driver fleet named Spark, which it started in 2018, to deliver goods. (The drivers are gig workers and not Walmart employees.)
• A Spark driver may make $15 per delivered order (which includes tip).  
• Walmart’s road to online sales has been long and expensive.  In 2016, it paid $3.3b for Jet.com and closed it a few years later.  
• Amazon, which owns Whole Foods, is testing a new grocery store that would reside next to Whole Foods and sells non-specialty goods like Diet Coke.
• Shoppers often feel they can buy groceries at a lower price at Walmart than Whole Foods.
• Amazon’s Prime membership has 200m subscribers globally.
• Walmart+ service offers free delivery for orders over $35. 

Read the full WSJ article:
https://www.wsj.com/business/retail/walmart-ecommerce-amazon-competitor-b7fe1cd5