It is worth noting that Walmart has a key advantage in its e-commerce business, which is its vast network of brick-and-mortar stores. Currently, Walmart has approximately 4,700 physical stores in the United States, and 90% of Americans live within 10 miles of a Walmart store, allowing the company to quickly fulfill delivery services.
As Walmart continues to invest in e-commerce, its growth momentum is expected to accelerate. This poses a significant threat to Amazon, and competition between the two companies will undoubtedly intensify. Currently, there is still a gap between their positions in the market. Only time will tell who will be the ultimate winner.
About iPeakoin
iPeakoin, a fintech company that offers an institution-level global cash management platform, is committed to bridging the gap between traditional finance and crypto, providing an integrated solution for diversified and globalized cash management. So far, iPeakoin has launched four key products, including Crypto Wallet, Global Account, Quantum Virtual Card, CaaS, and Particle Treasury. It allows businesses, and institutions to manage all aspects of finance from a single platform, while remaining fully compliant across a variety of jurisdictions.
In addition to its headquarters in the US, iPeakoin has offices in Hong Kong, Luxembourg, and Singapore, as well as partnerships with top tier banks & financial institutions worldwide. It has expanded its business to over 180 countries/regions serving more than 12,000 companies, through partnerships with multiple Tier 1 banks and financial institutions worldwide.
For more information, visit ipeakoin.com.