FILE PHOTO: Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/File Photo
Amazon.com Inc maintained its online dominance in the 2017 holiday shopping season despite increasing competition from Wal-Mart Stores Inc, Target Corp and Best Buy Co.
Amazon captured 89% of online spending among dominant holiday retailers in the five-week period beginning on Thanksgiving, according to an analysis of credit- and debit-card transaction data by Earnest Research in New York. Wal-Mart, which purchased Jet.com in 2016 for US$3bil (RM11.96bil), remained a distant second a 4.4%.
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