Amazon Becomes the First Trade Company to Lose US$1 Trillion, which was Least Expected by Jeff Bezos

IndustryTrends

Amazon is the first publicly traded firm in history to have its market value fall by one trillion dollars.

According to information gathered by Bloomberg, co-founder Jeff Bezos' wealth has decreased by about $83 billion to $109 billion since the year began.

There is also news that the Amazon robotics team might be laid off completely very soon.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

Read More Stories