The E-Commerce Duel: Walmart+ Rising as Amazon Prime's Rival: Report
Portfolio Pulse from Anusuya Lahiri
Walmart Inc (WMT) is intensifying its competition with Amazon.com Inc (AMZN) in the e-commerce sector, with its Walmart+ service gaining traction as a rival to Amazon Prime. Walmart+ saw a 15% increase in membership in July, and its transactions are growing faster than Amazon's, potentially indicating a shift in expenditure from other grocery companies like Kroger Co (KR) and Albertsons Co Inc (ACI). Walmart's e-commerce revenue in the U.S. grew to 11%-12% over the last two years.
August 17, 2023 | 5:41 pm
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NEGATIVE IMPACT
Walmart's growing Walmart+ membership could potentially indicate a shift in expenditure from other grocery companies like Albertsons Co Inc.
The increase in Walmart+ membership and the potential shift in expenditure from other grocery companies could negatively impact Albertsons' revenues and potentially its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Walmart's growing Walmart+ membership could potentially indicate a shift in expenditure from other grocery companies like Kroger Co.
The increase in Walmart+ membership and the potential shift in expenditure from other grocery companies could negatively impact Kroger's revenues and potentially its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Walmart's Walmart+ service is emerging as a strong competitor to Amazon Prime. However, Amazon's activities remain unchanged despite the increase in Walmart+ subscriptions.
While Walmart's Walmart+ service is gaining traction, Amazon's activities remain unchanged despite the increase in Walmart+ subscriptions. This suggests that Amazon's business may not be significantly impacted in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Walmart's Walmart+ service is gaining traction as a rival to Amazon Prime, with a 15% increase in membership in July. This could potentially lead to significant revenue growth for the company.
The increase in Walmart+ membership and the potential shift in expenditure from other grocery companies could lead to significant revenue growth for Walmart. This could potentially have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100