Amazon follows Apple and reached $1 trillion

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Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade before slipping back.

Apple reached the same milestone in early August.

Founded in 1994, Amazon is now the world’s largest online retailer. Its chief executive, Jeff Bezos, is the world’s richest man, with a net worth of more than $160bn.

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