Amazon became the second most expensive company in the world

Amazon, which has long been   just an online store , completed the trading day with   a market capitalization of $ 768   billion, becoming the second largest   dearness of a public company in the world. AT   This plan the brainchild of Jeff Bezos for the first time overtook Alphabet / Google.

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Behind   In the past year, Amazon's net profit increased by   27.9%, in   once again having pleased investors. A   already with   At the beginning of this year, Amazon shares rose almost   29%, thanks to which the company's value reached a point in   $ 763.27   billion. For comparison, Alphabet, whose shares in   almost   grew in   price, now costs $ 762.98   billion. More expensive than Apple, whose market capitalization is   this moment is $ 892   billion

Amazon   Is the fastest growing company in the   history of the USA

Total 4   a month ago Amazon's capitalization was about $ 500   billion by   analysts' forecasts, Amazon's annual revenue can reach $ 200   billion already in   2018. Although two years ago Jeff Bezos' dream limit was the figure in   $ 100   billion
For comparison, Apple managed to achieve such growth rates for   5 years. Typically, such growth indicators show only small start-ups, which much easier to scale the business than Amazon, on   which employs more than half a million people.

Source: Techcrunch