US industry, new business competitors shatter the 'Amazon effect' crash
"Existing company" shares have plummeted all over the industry, and "rumor" rumor has fallen
SEOUL, South Korea (AP) - The US industry is shaking the fears of an "Amazon effect." There are frequent collapses in existing stocks of major companies in each sector where Amazon declares a new entry.
The Dow Jones industrial average was down 362.59 dollars on May 30, the biggest decline since May last year. The biggest reason for the stock price decline was the announcement of the online dinosaur Amazon in the medical field.
Amazon said it would launch a non-profit medical services company this morning with JP Morgan Chase, a leading financial company, and investor Berkshire Hathaway.
James Daiman, chief executive officer of JP Morgan, said, "We will seek a solution that will potentially benefit the entire United States."
The mayor accepted that the remarks would broaden the audience to the public in the future. The share price of medical insurance companies and drug chain related companies such as United Health Group, which is a leading medical insurance company, has all fallen.
Asahi Shimbun reported on March 1 that the US industry is in terrible fear that Amazon's new competitors such as retail, image distribution,
The rumors that Amazon's plans for entry are known or will go into the doldrums are a plunge in share prices of major companies in the industry.
On the other hand, Amazon shares have risen sharply on the 30th of last month, when the Dow fell sharply. Amazon shares have risen about 73% over the past year. Amazon CEO Jeff Beers (54) became "the most money-rich individual in history".
Major businesses that Amazon declared to be in, and existing businesses in those industries where stock prices have fallen.
June, 2017 announced that it acquired Holfood: Wal-Mart, Target, Kroger, etc. Discounted supermarket chain shares fell all at once.
June 2017 free return service plan announcement: JC Penny, Nordstrom department store and sewing company VF corporation stock plunged.
◇ July 2017 Amazon's Food Delivery Service Trademark Application Disclosure: Food Shippers Blue Apron stock plunged.
◇ Drug Store business entry rumors: CVS Health, Wolgan Green shares plunged
January 2018 Announces the establishment of a medical service company for employees: Health insurance company YuNit DeHealth, Signer and drug seller CVS Health, Wolgan Green shares plunged.