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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

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Rask ASX News Team

Rask Year in Review: 2022

Results are in for the 22 ASX shares we picked for our 2022 watchlist. Get our 2022 ASX shares review.

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All Ords (XAO) flops, Tyro & Magellan (ASX:MFG) share prices dive

The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) fell on Monday following a weak lead from global markets. The All Ords and ASX 200 opened the first week of June with a 0.5 per cent fall, pulled down by the likes of Magellan Financial Group Ltd (ASX: MFG) shares.

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