E-commerce – one of the sectors of the economy that has increased profits during the period of Coronacris
According to the auction results on June 6, for the first time in history, American online retailer Amazon had a share price of over $ 3 thousand.
At the end of business, the shares were sold at $ 3,057. They rose 5.77% during the day. The value of the shares reached $ 3059 during the bidding. Since the beginning of the year, the price of the company’s securities has risen by about 60%.
The company’s market capitalization rose to $ 1.525 trillion. In terms of this indicator, it ranks third among all public companies after Apple ($ 1.64 trillion) and Microsoft ($ 1.61 trillion).
Earlier, Wall Street analysts predicted Amazon stock prices to rise to $ 3 thousand. The increase in value is due to Amazon’s increasing demand for e-commerce and cloud computing services.
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It was previously reported that the Amazon brand was valued at $ 415.9 billion. At the same time, the total value of the world’s major brands rose 5.9% despite the economic and social consequences of COVID-19, and reached $ 5 trillion, which is equivalent to Japan’s annual GDP. The figure has increased by 245% since 2006.
Read: Amazon – 26: Top facts about the company in an infographic
According to the material unian.net
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