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Amazon
06-04-2017, 12:27 PM,
Post: #61
RE: Amazon
Bezos Sells $1 Billion a Year in Amazon Stock for Space Projec

by Spencer Soper
April 6, 2017, 7:34 AM GMT+8 Updated on April 6, 2017, 8:35 AM GMT+8

Internet billionaire and aspiring rocket man Jeff Bezos said he sells $1 billion a year in Amazon.com Inc. stock to fund Blue Origin LLC, the company fueling his dream of sending people into space.

“My business model right now for Blue Origin is I sell about a billion a year of Amazon stock and I use it to fund Blue Origin,” Bezos said Wednesday at the Space Symposium, an annual industry conference in Colorado Springs, Colorado. “So the business model for Blue Origin is very robust.”

Bezos, the world’s second-wealthiest man behind Bill Gates, has said before that he has been reinvesting money he made at e-commerce giant Amazon since he started his space exploration company more than a decade ago. On Wednesday, he unveiled what he thinks is just the thing to entice people to pay about $300,000 for a quick flight to suborbital space: big windows.

More details in https://www.bloomberg.com/news/articles/...sm-a-boost
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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19-04-2017, 01:06 AM,
Post: #62
RE: Amazon




Why Amazon doesn't make a profit, and why Alexa will destroy brands.

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19-04-2017, 07:42 AM, (This post was last modified: 19-04-2017, 12:26 PM by specuvestor. Edit Reason: add Amazon info )
Post: #63
RE: Amazon
Break even and loss is not the same thing.

I've heard the same tune that losses doesn't matter more than 17 years ago

Amazon actually started making money since 2003 and in past 10 years were profitable 8/10 years
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

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17-05-2017, 03:22 PM,
Post: #64
RE: Amazon
Even Before It Arrives, Amazon Is Hurting Australian Rivals

by Angus Whitley
May 17, 2017, 11:57 AM GMT+8

Even before Amazon sets up shop in Australia, the online giant is hurting its biggest rivals.

Wesfarmers Ltd., the supermarkets-to-hardware conglomerate that’s Australia’s biggest private employer, on Wednesday scrapped a A$1.5 billion ($1.1 billion) initial public offering of its office-supplies business. With analysts almost halving profit forecasts for some local retailers before Amazon.com Inc.’s arrival, Wesfarmers could’t get the price it wanted for Officeworks.

Amazon has become Australia’s most anticipated new entrant of the internet era. The Seattle-based company ended months of speculation in April when it unveiled plans to launch retail operations in Australia, appealing to small suppliers to sell their goods online alongside Amazon products. Amazon didn’t say when it would start up.

More details in https://www.bloomberg.com/news/articles/...-pulls-ipo
Specuvestor: Asset - Business - Structure.

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