The cost of Amazon for the first time exceeded $500 billion

Market value Amazon on Wednesday for the first time broke the mark of half a trillion dollars, highlighting the rapid increase in the price of the shares of the giant e-Commerce.

Since the end of last year, the company's market value increased by the Republic of Uzbekistan 146.3 billion, reaching 502,6 billion. For comparison, Wal-Mart, the world's largest network of retail stores, showed a recent report that its market capitalization has increased by a mere $23 billion in 2017 and now is $235,4 billion.

Thanks to the recent upward movement Amazon was able to enter the elite group of companies, the cost is more than $500 billion. According to Bloomberg, earlier this mark is reached, other us technology companies - Apple, Google and Microsoft.

Since its inception in 1995 as a bookstore online, Amazon has expanded, becoming a major online seller of the goods. The company also owns a large business in the field of cloud computing for a wide range of companies and has recently indicated that it may increase market share in various directions, starting from groceries and ending with technology.