Amazon.com Inc. (AMZN) is declining in the Current Market; here is why?
Amazon.com Inc. (NASDAQ: AMZN) stock is down in the current market after announcing first-quarter results. AMZN stock is currently trading at $2,404.79, losing more than 3.2% from the previous close. AMZN stock previously closed at $2,485.63 with a trading volume of 3.5 million shares. Global Retail E-Commerce Industry Amazon is the market leader when it […]
How Amazon’s (AMZN) prior investment in Deliveroo contributes to its $7 billion valuations?
A new round of $180 million investment has made in Deliveroo, the food delivery startup Amazon (AMZN) previously invested. Thus, the company has gained an increased market value of over $7 billion. Having such a high valuation, the start-up outperformed one of the largest British retail chains Morrison in capitalization. According to Bloomberg, Deliveroo plans to hold an […]