{"id":1849,"date":"2018-09-04T16:59:06","date_gmt":"2018-09-04T16:59:06","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/amazons-market-value-tops-1tn\/"},"modified":"2018-09-04T16:59:06","modified_gmt":"2018-09-04T16:59:06","slug":"amazons-market-value-tops-1tn","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/amazons-market-value-tops-1tn\/","title":{"rendered":"Amazon&#8217;s market value tops $1tn"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Amazon packages\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/227B\/production\/_102972880_amazonpackages_getty.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion (\u00a3779bn). <\/p>\n<p>Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade before slipping back.<\/p>\n<p>Apple reached the same milestone in early August.<\/p>\n<p>Founded in 1994, Amazon is now the world&#8217;s largest online retailer. Its chief executive, Jeff Bezos, is the world&#8217;s richest man, with a net worth of more than $160bn.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-44894420\" class=\"story-body__link\">How Jeff Bezos took Amazon to the top<\/a><\/li>\n<\/ul>\n<p>Amazon reported nearly $53bn in sales in the three months ended in June, with record quarterly profit of $2.5bn.<\/p>\n<p>The firm is expected to account for roughly half of all online shopping sales in the US this year &#8211; and nearly 5% of the country&#8217;s overall retail market, according to research firm eMarketer.<\/p>\n<p>It employs more than 575,000 people, a force nearly the size of Luxembourg&#8217;s population.<\/p>\n<p>It provides logistics, storage, loans and a selling platform to hundreds of thousands of third-party merchants.<\/p>\n<p>Its profitable cloud computing division, which hosts huge swathes of the corporate world on its data servers, is the industry&#8217;s global leader.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45414331\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion (\u00a3779bn). Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade before slipping back. Apple reached the same milestone in early August. Founded in 1994, Amazon is &hellip; <\/p>\n","protected":false},"author":0,"featured_media":1850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1849"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/1850"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}