In many ways amazon has already eaten walmart. In what way is walmart the biggest company on the earth?
Last quarter, Walmart reported $31.8B profits on $123.4B earnings. For the similar quarter, Amazon reported $14.5B profits on $38.0B earnings. So Walmart dwarfed Amazon overall.
Amazon's fresh results are great, and it helps to close the gap between them, but they are still much smaller than Walmart.
Unless you're talking online-only, in which case the comparison switch around, and Amazon is already much bigger than Walmart. But Walmart's online sales are a small percent of their earnings.
[1] https://en.m.wikipedia.org/wiki/List_of_largest_companies_by...
[2] https://en.m.wikipedia.org/wiki/List_of_largest_employers?wp...