tag Jeff Bezos

Amazon Projects Spending That Concerns Those Watching Profit

EghtesadOnline: Amazon.com Inc. will spend big in the coming months on warehouses, movies, gadgets and growth into India, renewing investor concerns that Chief Executive Officer Jeff Bezos cares more about generating revenue far in the future than turning a profit now.
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Publish Date:04/February/2017 | 04:59

Jeff Bezos Sells $1.1 Billion Amazon Shares With Stock at Record

EghtesadOnline: Jeff Bezos sold a million Amazon.com Inc. shares this week for $1.1 billion, according to a U.S. securities filing on Friday. The sale represented 1.3 percent of his holding and leaves Bezos with a 16.4 percent stake in the retailer.
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Publish Date:04/November/2017 | 11:47
Seattle startup Convoy raises $62 million in funding led by Y Combinator.

Bill Gates Backs Uber Freight Rival

EghtesadOnline: As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in a trucking logistics startup that competes with Uber Technologies Inc.
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Publish Date:26/July/2017 | 05:10