By connecting local producers with urban consumers, these platforms help preserve traditional crafts and skills that might otherwise fade away. They also contribute to the economic development of smaller towns and rural areas, creating job opportunities and encouraging entrepreneurship
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The proposed sale of 25 million shares was detailed in a notice filed after market hours on Tuesday
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This accomplishment places Amazon among an elite group of US companies, including Microsoft Corp, Apple, Nvidia, and Alphabet, that have surpassed the USD 2 trillion mark
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As of April, MX Player boasted a 15 per cent market share in terms of monthly active users
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Wall Street analysts are optimistic about Microsoft’s growth
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Amazon CEO Andy Jassy attributed this strong performance to broad-based growth across the company’s key business areas
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