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Amazon.com Inc. (NASDAQ:AMZN)

What does Amazon.com Inc. (NASDAQ:AMZN) do?

Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).

Amazon.com Inc. (NASDAQ:AMZN) price chart

Amazon.com Inc. (NASDAQ:AMZN) stock price analysis

asx-shares-three-mid-caps-Caucasian man on grey brackground showing number three
ASX Growth Shares
Patrick Melville

3 ASX shares I would buy this week

2020 has been wild so far, with Covid-19 presenting a huge headwind for some, but creating large-scale opportunities for others. Here are two stocks and one ETF that I’ve got my eyes on at the moment. 

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