LOGO
LOGO

Slide Shows

Ten Most Valuable Companies In The US

3. Amazon.com Inc. (AMZN) - $1.74 Trillion
3. Amazon.com Inc. (AMZN) - $1.74 Trillion

Amazon, being the largest e-commerce company in the world, boasts of a market cap of $1.74 trillion. It is also the 3rd largest company in the country.

The online retail giant has significantly cashed in on the pandemic, during which people did not have a choice but to buy things online as physical stores remained shuttered. Amazon's cloud service AWS is also one of its fast growing business. AWS is currently the market leader in the rapidly growing cloud computing business. In April 2021, Canalys reported that the worldwide cloud market grew 35% in the first quarter to $41.8 billion. AWS has 32% of the market, followed by Azure at 19%, and Google at 7%.