Amazon.com is among a group of elite tech stocks on Nasdaq that has the premium above $500 billion valuation and could one day be in touching distance with Apple the first $1 trillion company.
Jeff Bezos just announced another stellar first half with revenue increasing by 25% to $38 billion (RM165b), eCommerce was the biggest earner for the CEO and its just scratching the surface. Prime Now online shopping service was recently made available in Singapore with the aim of expanding to other parts in the region.
In the last few months Amazon launched a plethora of service like Echo Show, introduced calling and messaging via Alexa on all Echo devices, debuted Inside Edge on Prime Video introduced Amazon Channels in both the U.K. and Germany, launched four new Fire tablets, expanded Amazon Fresh to Germany, launched Prime Now in Singapore, opened three new Amazon Books stores, launched more than 400 significant AWS features and services, migrated more than 7,000 databases using AWS Database Migration Service.





