No, no it isn’t the case. Walmart is the only one with more revenue, but they don’t have AWS margins to prop up everything else. I think we’d all be better off if we didn’t have a 2-horse race for 90% of our purchases…
Target (#3)had $93b in revenue in FY2020. Amazon e-commerce had $120b.
https://corporate.target.com/annual-reports/2020
https://www.statista.com/forecasts/1218313/amazon-revenue-de...