JPMorgan: Amazon Surpasses Walmart to Become Largest Retailer in the U.S.
JPMorgan data shows that Amazon has surpassed Walmart to become the largest retailer in the U.S., with GMV expected to reach $593 billion by 2026.
JPMorgan data shows that Amazon has surpassed Walmart to become the largest retailer in the U.S., with GMV expected to reach $593 billion by 2026.
The number of beauty brands on TikTok Shop has surpassed 30,000, intensifying competition as the entry barriers for creators are raised, requiring brands to have stronger advantages.
Walmart has acquired a French self-service advertising platform for $1.4 billion to enhance its retail media network (RMN) capabilities. This move will improve Walmart's efficiency in providing sellers with precise advertising tools and strengthen its competitiveness in the digital advertising market.
Amazon has officially launched its private label Amazon Basics in Brazil, with initial SKUs covering pets, home, and office supplies. All products are now housed in local warehouses, and Prime members can enjoy fast delivery services and exclusive brand coupons.
Amazon has launched the new generation voice assistant Alexa+, based on generative AI, in Brazil. The service is currently open for free testing to invited users and will be offered as a free benefit for Prime members in the future, enhancing the shopping and interaction experience through AI technology.
J.P. Morgan's latest data shows that Amazon has officially surpassed Walmart to become the largest retailer in the U.S., holding approximately 47% of the e-commerce market share. It is projected that by 2026, Amazon's gross merchandise value (GMV) in the U.S. will reach $593 billion, surpassing Walmart's $573 billion.
TikTok Shop Southeast Asia has released new compliance rules for live streaming, explicitly banning simultaneous and multi-account streaming. Sellers are not allowed to distribute content to other platforms during the same live stream or conduct simultaneous broadcasts through multiple TikTok accounts.
The latest report shows that TikTok Shop now has over 30,000 beauty brands, which account for 22.5% of the platform's GMV. With increasing market competition, the threshold for creators has been raised from previously being 100 per quarter to 1,000.
On June 26, 2026, Amazon Global Selling launched the 'Latin America Fast Track Program' aimed at helping Chinese brands enter the Brazilian and Mexican markets, offering 3,000 openings for sellers willing to invest long-term.
Amazon's AI shopping assistant, Alexa, has introduced a 365-day price history query feature aimed at providing consumers with greater price transparency before Prime Day, helping them make informed purchasing decisions.
Amazon updates its Fulfilled by Merchant (FBM) policy, requiring sellers to meet a timeliness rate of 93.5% or higher, or face potential removal.
Amazon announces it will enforce a product title length limit of 75 characters starting July 27, 2026.
Italy's cabinet decides to postpone the €2 administrative fee for small packages under €150 from non-EU countries, initially set for July 1, to October 1.
Whatnot announces it will adjust logistics policy starting August 2026, setting USPS Ground Advantage as the default service and eliminating flat rate shipping options. Medium parcel shipping costs expected to decrease by about 20%.
Walmart has announced its acquisition of connected TV advertising platform Vibe.co for $1.4 billion, aimed at strengthening its retail media business, Walmart Connect. This move will help Walmart and its third-party sellers to facilitate streaming ad placements and enhance the measurability of ad performance.
With the acceleration of TikTok Shop's globalization efforts, brands like Nex Playground are successfully replicating their success from the U.S. market in overseas markets such as the UK and Japan through localized marketing, creator collaborations, and live-stream selling.
Maersk's latest report indicates that the peak season for the North American logistics market has arrived early, with a significant increase in June imports. Retailers are accelerating pre-emptive stocking to address potential tariff adjustments and fuel price fluctuations, resulting in increased supply chain pressure.
TikTok Shop has partnered with Malaysia's Ministry of Domestic Trade and Cost of Living (KPDN) to launch an economic assistance program supporting small and micro enterprises by providing discounted prices to help consumers cope with cost of living pressures.
OwlTing announced the integration of its payment platform OwlPay Harbor with Saber Money, aiming to provide more efficient cross-border payment solutions, particularly for real-time settlement needs in India, Europe, and the UK.
Despite eBay previously rejecting GameStop's acquisition proposal, GameStop recently reaffirmed its intent to acquire, leading to a rise in eBay's stock price and market attention. Analysts believe this highlights eBay's core value in the collectibles and second-hand trading market.