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Unlike many companies that provide dividends to investors, Amazon does not offer dividends. While this may make it less appealing to income-focused investors, those prioritizing long-term growth ...
It has over 300 million active customer accounts globally. [35] Amazon saw large growth during the COVID-19 pandemic, hiring more than 100,000 staff in the United States and Canada. [36] Some Amazon workers in the US, France, and Italy protested the company's decision to "run normal shifts" due to COVID-19's ease of spread in warehouses.
The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
YouTube also sought to compete against sites such as Netflix, Amazon Prime Video and Hulu by offering original content (YouTube Originals) as part of the subscription service, leveraging prominent YouTube personalities in combination with professional producers. Robert Kyncl acknowledged that many of YouTube's prominent personalities had built ...
Image source: Getty Images. A long-term holding. If you'd bought $10,000 worth of Amazon stock 10 years ago, today your investment would be worth more than $114,690.
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