Investors Business Daily reported back in February that Walmart is much larger than Amazon by revenue. Walmart’s 2017 sales surpassed $500 billion for the first time, almost 3X that of Amazon. The two companies are battling it on multiple fronts including groceries. Today we’re learning that a new war front may be opening with Walmart tapping TV Executive Mark Greenberg to explore a new streaming service that would compete head-on with Amazon’s Prime Video.
View the original article here: Walmart Exploring the Subscription Video-Streaming Service Business to take on Amazon’s Prime, Netflix and others
The article was originally posted on Patently Apple.
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