Bavaria
JF-Expert Member
- Jun 14, 2011
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Amazon.com Inc., Jeff Bezos’s online retailer, moved past Warren Buffett’s Berkshire Hathaway Inc. to become one of the world’s five largest companies by market value on Monday, according to data compiled by Bloomberg. Amazon rose as high as $356.5 billion in the first two hours of trading. The company surpassed Berkshire on the day before Prime Day, an annual promotion.
Bezos Beats Buffett as Amazon Market Value Tops Berkshire