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Amazon surpassed Walmart and became the most expensive trading network in the world
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24 Jul 2015 08:00:10
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Amazon surpassed Walmart and became the most expensive trading network in the world

the company's Stock on Amazon last bid added 18% on the background of the financial report for the second quarter of 2015. This increased capitalization of the online retailer for $40 billion to $265 billion, making it the most expensive trading network in the world. For comparison, price Walmart on the new York stock exchange of $233 billion, China's Alibaba — $213 billion, reports USA Today.

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the company's Stock on Amazon last bid added 18% on the background of the financial report for the second quarter of 2015. This increased capitalization of the online retailer for $40 billion to $265 billion, making it the most expensive trading network in the world. For comparison, price Walmart on the new York stock exchange of $233 billion, China's Alibaba — $213 billion, reports USA Today.

Financial performance exceeded its own forecasts Amazon, which had expected sales growth in the range of 7-18%, but in the end it amounted to 20%, or $23.2 billion in monetary terms. This growth was driven, among other things, the progress in the field of cloud technologies and, in particular, Amazon Web Services (AWS).

"Sales is the bread Amazon and AWS — oil", " said Wedbush Securities analyst Michael Pahter in the notes to the forecast the stock prices of Amazon. Experts expect investment growth Amazon's new products and services and market expansion services.

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