Valley Nordic Episode 26: Amazon

Send us a textAmazon [Nasdaq: AMZN] announced its third quarter 2019 earnings earlier this week. We review the earnings. And, we discuss what is Amazon doing well to scale so fast. In the trailing twelve months, Amazon generated revenues of over $265B and their revenues are still growing ~20% YoY. And, Amazon has successfully diversified from eCommerce to Cloud to advertising. Useful Links1. Nature of business 2. Amazon CTO on IT infrastructure 3. Amazon 3Q2019 earnings press release