The value of Amazon is over a thousand billion USD

Amazon has surpassed the one thousand billion USD market capitalization threshold. The online retailer, after Apple has become the second US company that worth at least 1000 billion USD – portfolio.hu wrote.

Apple has gone over 1000 billion USD in April, while Amazon needed five weeks to reach this milestone.

This year, Amazon’s value has increased by more than 70 percent, and has doubled in the last 12 months. (CNBC, portfolio.hu)