Amazon has become the most expensive company in the world.

The American company Amazon, the world's largest online platform for the sale of consumer goods and services, topped the ranking of the most expensive companies in the world at the beginning of the year, beating Microsoft at a price.

On January 7, 2019, Amazon's market capitalization exceeded $ 796 billion. Microsoft ranked second ($ 789 billion) in value by value. Closes the top three holding Alphabet, which includes Google ($ 745 billion).

Earlier in the third place in terms of market capitalization was the manufacturer of the iPhone. Apple's cost was $ 702 billion, but after news of low sales of the iPhone appeared, the technology giant's capitalization fell to $ 694 billion.

The material has been provided by InstaForex Company - www.instaforex.com