At Walmart, we have 120,000 items in an average Supercenter and hundreds of millions of items online, many of which are first-party inventory that we own.

We are solving a complex problem of creating an Amazon-like experience without warehouses or inventory, as retailers come online for the first time.

We didn't quit during the Jet.com integration, and despite initial criticism, we built a strong e-commerce platform that is now a dominant player.

Identifying your competition is essential. If you're competing against a giant like Walmart, you need to understand their strategies and how they impact your business.

To succeed in e-commerce, businesses must focus on understanding consumer behavior and preferences, leveraging technology for better customer engagement.

As the retail ecosystem evolves, the way products are marketed and sold must adapt to new consumer behaviors and preferences, especially in online shopping.

Amazon's evolution from an online bookstore to the largest data center provider illustrates how unpredictable innovations can drive a company's market value, with AWS being a prime example.

I don't fear competition; instead, I learn from competitors. Our approach to e-commerce is fundamentally different from Amazon's, as we focus on facilitating transactions for small to medium-sized merchants.

The future of e-commerce will see a shift towards digital products, with logistics becoming increasingly important due to innovations in automation and robotics.