The shares of Amazon.com Inc. increased by 2.6% as per results of the auction, held on Wednesday, February 14, thanks to which its capitalization increased to 702.5 bln dollars, Interfax-Ukraine reports.
Thus, Amazon topped Microsoft by capitalization for the first time (699.22 bln dollars as of the end of session of February 14) and now ranks 3rd among public U.S. and world companies, ceding only to Apple (almost 850 bln dollars) and Alphabet (744.7 bln dollars).
China’s Tencent and Facebook follow Microsoft, ranking 4th.
The representatives of high-technology sector now occupy all the ranks in top 6 largest companies of the world.
It should be reminded that in 2017, U.S. online retailer Amazon became the richest brand, raising from the third position in the ranking.
