Voice Operated Devices Hotting Up Market Place
Amazon.com is a company which has tremendous appetite for growth. Twenty years life cycle is not very long for a corporate entity but it has proved and poised for further growth
It was May 15, 1997, money-losing online bookstore went public on the Nasdaq in an IPO that valued it at a modest $438 million.Twenty years later, that little startup — called Amazon.com — is worth nearly $460 billion.
To get there, the Seattle-based giant has pumped nearly all of the cash it generates into huge new investment areas, like Amazon Prime, Amazon Web Services and, most recently, the Alexa voice computing platform. With a focus on growth over net income, Jeff Bezos’s company has penetrated industry after industry at a pace perhaps unmatched in modern history.
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