Amazon Continues Move Into Grocery Market, Seeing Growth In 2017
Online retail giant Amazon is slowly gaining ground in the grocery market.
In 2017, the company secured an 18% market share in online grocery sales in the US, double the share held by its closest competitor Walmart, according to data from One Click Retail.
The e-commerce analytics firm estimates that Amazon generated sales of $2 billion in this area last year, driven by the expansion of its Amazon Fresh service, and its $13.7 billion acquisition of Whole Foods.
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