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Valuetainment

Episode 458: 5 Trillion War - Amazon VS Walmart - Valuetainment Podcast

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Valuetainment Episodes

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4.81.7K Ratings

🗓️ 22 April 2020

⏱️ 15 minutes

🧾️ Download transcript

Summary

Episode 458: 5 Trillion War - Amazon VS Walmart - Valuetainment Podcast by Patrick Bet-David --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:02.0

Did you ever think you were made?

0:04.0

I feel I'm supposed to take sweet victory.

0:08.0

I know this life meant for me.

0:10.0

Yeah, why would you bet on Goliath when we got bet David

0:14.1

Valutainment given values contagious this world of entrepreneurs we get no value to

0:18.6

hate this I'm running homie look what I become I'm the I'm the one I want to tell you about a heavyweight matchup that's taking place right now one

0:25.1

company on this hand has 650,000 employees going up against another

0:30.4

company that has 2.2 million employees. This company does

0:33.6

280 billion dollars in revenues 2019. This one does 514 billion dollars in

0:40.0

revenues. One is Goliath trying to be David, one was David is slowly becoming

0:46.3

Goliath. When these two collapse, who wins? We're going to talk about that today.

0:50.8

So some data here at first to measure these two companies. You

0:55.0

got Amazon, you got Walmart, right? Amazon has 650,000 employees worldwide.

0:59.8

Walmart has 2.2 million employees worldwide. That's more than three times.

1:04.0

Amazon has 75 fulfillment centers in U.S. Walmart has 42.

1:09.0

Amazon's revenue last year was 281. Walmart did 514 billion dollars in revenues last year.

1:16.7

Physical stores, Amazon has shy up 600 including Whole Foods, which is about 500 of those 600.

1:23.0

Walmart has 11,300 stores worldwide, 5,900 in US,

1:28.7

another 4,700 outside of US.

1:31.4

E-commerce business

1:35.7

Amazon's added their 280 billion dollars of revenue

...

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