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Amazon vs Walmart

The two biggest retailers in the US, coming from opposite directions. Amazon grew online and built AWS, a huge cloud business. Walmart grew through stores and is expanding fast online.

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⚖️ Key differences

Much of Amazon's profit comes from AWS and advertising, not shopping. Walmart runs on thin margins at massive scale, with groceries a big share of sales. Walmart pays a dividend; Amazon doesn't.

⚠️ Risks

Amazon: cloud competition, regulatory pressure, labour costs. Walmart: low margins, price wars and consumer spending slowdowns.

Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions.