Question

    Which of the following online shopping companies have

    become the first one in the market to lose $1 trillion in Market value.
    A Snapdeal Correct Answer Incorrect Answer
    B Amazon Correct Answer Incorrect Answer
    C Flipkart Correct Answer Incorrect Answer
    D Myntra Correct Answer Incorrect Answer
    E Ajio Correct Answer Incorrect Answer

    Solution

    Amazon.com Inc. is the world’s first public company to lose 1 trillion dollars in market value as a combination of rising inflation and tightening monetary policies. It shrinked to $879 billion from $1.88 trillion.

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