internet retailer: Amazon has revolutionised how people shop online and is the world's dominant internet retailer, according to Nine News Australia. In two decades the company expanded far beyond its bookseller beginnings, combining its world-spanning retail operation with less flashy but very profitable advertising and cloud computing businesses. To improve your experience update it here News World Amazon reaches US1 trillion market value2 12am Sep 5, has become the second publicly traded company to be worth US1 trillion, hot on the heels of Apple. The company's blowout success made its founder and chief executive Jeff Bezos number one on Forbes' billionaires list this year. Amazon's stock rose 1.7 per cent on Tuesday, putting its market value at just over US1 trillion A1.4 trillion . Apple topped that mark in early August. The Seattle-based company has cemented customer loyalty through smart devices like Alexa and the Prime membership program that offers fast, free shipping as well as music and video streaming perks.
(news.financializer.com). As
reported in the news.
Tagged under internet retailer, shop topics.