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After the sale plan, Bezos would own about 912 million Amazon shares, or 8.8% of the outstanding stock. He sold shares worth roughly $8.5 billion in February, after the stock rallied 80% in 2023.
Bezos plans to sell 25 million shares, which will be worth around $5 billion at the current market price. While that may seem like a massive chunk of change for you and me, Bezos owned over 1 ...
While Amazon posted solid 10% revenue growth in its second quarter, its $148 billion in sales fell short of analyst expectations for revenue of $148.6 billion. Meanwhile, it forecast that its ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [ 1] The funds gained from the IPO allowed Amazon to ...
In 2000, US toy retailer Toys "R" Us entered into a 10-year agreement with Amazon, valued at $50 million per year plus a cut of sales, under which Toys "R" Us would be the exclusive supplier of toys and baby products on the service, and the chain's website would redirect to Amazon's Toys & Games category. In 2004, Toys "R" Us sued Amazon ...
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The US demanded the immediate termination of the program and the surrender of all samples. Following the dismantling of the project, the bioweapon sample was supposed to be handed over to the US. However, an unknown assailant disrupted the covert handover. [2] [3]
Earlier this year, Bezos sold 14 million shares of Amazon.com Inc. worth $2.4 billion, the last batch in his plan to sell 50 million shares by Jan. 31, 2025. With this latest transaction, Bezos ...