Amazon lost $53 billion in one day over Donald Trump’s opinion

Jeff Bezos is the founder of Amazon – the largest online retail, and he is currently the richest man in the world with net worth of $120.1 billion.

After Facebook has lost nearly $100 billion over the Cambridge Analytica scandal, Amazon has also joined the league to lost $53 billion which was caused by Donald Trump’s opinion.

On Wednesday, The White House denied Amazon was currently any kind of priority and said it has “no specific policies or actions” regarding Amazon – the largest online retail. Donald Trump, the President of USA had to jump into the fray with a tweet on Thursday morning. He said:

Moreover, there have been long argument and complicated debate whether Amazon is screwing the post office: Some sources said Amazon helps the Postal service by bringing more increase in package deliveries and other analysts argued that Amazon is getting a sweetheart deal and the government is essentially subsidizing its shipping.

The price of shipping at USPS would have go up an average $1.41 per package in 2018 to cover the cost of delivery but has too many issues that contributes to its financial problems.

And Amazon is looking to use its enormous capital to starts its own delivery service, then we’ll likely see how the USPS does without it in the near future.

7 Comments

  1. What a radical man! See what his bad looks has influenced on many things.. Ahh the money is just huge o…! Wish them quicker recovery.

    1. you comment without b4 reading or will i say u comment without reading, how can a government be losing to please one man?

      1. Bro… I read everything, whatever what gonna happen, he is always behind everything.. So don’t question me.

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