Amazon Faces a Huge Challenge from Walmart and Shopify

Walmart Inc. (WMT) NYSE is partnering with e-commerce platform Shopify Inc. (SHOP) NYSE  expanding its third-party online marketplace as it takes on  additional market share to compete with Amazon (AMZN). Walmart will be adding 1,200 Shopify sellers to its e-commerce platform. Walmart looks to takeaway Amazon’s dominance in e-commerce.

Shopify has also signed a partnership with Facebook with  Facebook Shops initiative so their merchants can gain even more exposure to the billions of Facebook members.

Jeff Clementz, vice president of Walmart’s marketplace said in a news release. “We are focused on U.S.-based small and medium businesses whose assortment complements ours.”

Mr. C. Douglas McMillon is the  President,  CEO & Director of Walmart: Doug is a Genius and a longtime champion of Walmart’s customers, its associates and the company’s culture. He was named president and CEO in 2014. From 2009 to 2014 he was president and CEO of Walmart International, and from 2005 to 2009 he served as president and CEO of Sam’s Club.

Top Institutional Holders Walmart

Holder  Shares  Date Reported  % Out    Value

Vanguard Group, Inc. (The)          137,634,260        Mar. 30, 2020     4.86%    15,638,004,621

Blackrock Inc.     90,196,443           Mar. 30, 2020     3.18%    10,248,119,853

State Street Corporation               70,902,390           Mar. 30, 2020     2.50%    8,055,929,551

FMR, LLC              22,899,929           Mar. 30, 2020     0.81%    2,601,889,932

Geode Capital Management, LLC               21,186,737           Mar. 30, 2020     0.75%    2,407,237,057

Bank of America Corporation      20,967,213           Mar. 30, 2020     0.74%    2,382,294,741

Top Institutional Holders Shopify

Holder  Shares  Date Reported  % Out    Value

FMR, LLC              8,778,030             Mar. 30, 2020     8.17%    3,659,824,047

Baillie Gifford and Company        6,023,962             Mar. 30, 2020     5.61%    2,511,570,476

Morgan Stanley 5,248,062             Mar. 30, 2020     4.88%    2,188,074,489

Capital World Investors 4,875,199             Mar. 30, 2020     4.54%    2,032,616,719

WCM Investment Management, LLC        3,290,730             Mar. 30, 2020     3.06%    1,372,004,058

Vanguard Group, Inc. (The)          3,004,041             Mar. 30, 2020     2.80%    1,252,474,814 is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.


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