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Walmart pushes down Apple to become number 3 online retailer

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ANI Arkansas [United States]

This year seems to be a tad slow for Apple as e-commerce giant Walmart has overtaken the iPhone maker to become number 3 online retailer in the US.

According to a report from eMarketer, Walmart is poised to capture 4 percent retail e-commerce sale this year making $20.91 billion, while Apple is expected to secure 3.9 percent share, due to the shrinking domestic sales of smartphones and other devices.

Leading the ranking is Amazon, accounting for 48 percent share, owing to the upcoming holiday season, and is likely to make around $252.10 billion this year. At number 2 is eBay with 7.2 percent share and number 5 is The Home Depot with 1.6 percent share.

 

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First Published: Nov 17 2018 | 4:40 PM IST

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