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      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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