Amazon surpassed Walmart in quarterly revenue for the first time, with $187.8 billion in the fourth quarter compared to Walmart’s $180.5 billion, marking a shift in their long-standing ranking. While Walmart continues to lead in annual sales, Amazon is projected to close the gap, with revenue expected to reach $700.8 billion in 2025. Amazon’s revenue growth is driven by its retail unit, cloud computing, advertising, and seller services, with third-party seller services accounting for 24.5% of total sales and Amazon Web Services for nearly 17%. Walmart has emulated Amazon’s strategies by launching a third-party marketplace, advertising business, and loyalty program, Walmart+, to compete with Amazon Prime.
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Explorers find torpedoes, bell from U.S. destroyer that sank with 167 crew on board during WWII
Explorers from the Ocean Exploration Trust have uncovered new artifacts, including torpedoes and the ship's bell, from the USS DeHaven, a World War II destroyer sunk in 1943 near the Solomon Islands. The mission aimed to enhance understanding of the region's maritime history and involved collaboration with various organizations, utilizing remotely operated vehicles to document the wreckage. Want More Context? 🔎
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