【第125期】亚马逊PK沃尔玛

【公众号】铁蛋英语  【微博】铁蛋儿TylerARTICLEWalmart (WMT) shares got crushed Friday following news that Amazon (AMZN) isaggressively moving into the grocery store business by scooping up Whole Foods.But while the online giant Amazon has been expanding its physical footprint, brick-and-mortar giant Walmart has been ramping up its own e-commerce business to compete. According to UBS analysts, Walmart.com’s stock keeping units (SKUs) have increased to around 50 million today from around 10 million a year ago.In fact, Walmart on Friday announced that it is buying Bonobos, a menswear brand built on the internet, for $310 million in cash. This is Walmart’s latest effort to expedite its digitaltransformation. Walmart has been selling online since 1999, and now is America’s third-largest e-commerce retailer, according to eMarketer. But Walmart’s online sales of $14.4 billion last year are still a far cry from Amazon’s $94.7 billion.https://www.yahoo.com/news/amazon-eclipsing-walmarts-best-efforts-dominate-e-commerce-134625553.htmlCULTURE- Walmart is a very controversial company in America because he has taken away so many jobs for American's. Many people refuse to shop there, even though it is super cheap.HOMEWORK- What supermarket do you shop at in China? Why?