AMAZON.COM, INC.

(AMZN)
  Report
Delayed Nasdaq  -  04:00 2022-06-24 pm EDT
116.46 USD   +3.58%
04:41pApple will not challenge Maryland store unionization vote
RE
03:50pAmazon U.S. drones taking off this year
AQ
03:03pU.S. tech industry frets about handing data to states prosecuting abortion
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Temasek hikes stake in e-commerce companies Amazon, Pinduoduo

05/16/2022 | 08:07am EDT
FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore

(Reuters) - Singapore state investor Temasek Holdings increased its stake in e-commerce companies Amazon.com Inc and Pinduoduo by more than 15%, according to a securities filing released on Monday.

Temasek, among the biggest investors in the world with major investments in Singapore Airlines, DBS Group and others, first disclosed a stake in Amazon in 2017 and in Pinduduo in 2020.

The firm is anchored in Asia, with a large exposure to the region as measured by underlying assets, most of which are in China and Singapore. It has been stepping up investments in the United States, especially in the tech sector.

The fund has also sold all its shares in Intel Corp as well as Draftkings Inc just months after adding a position in the sports betting company, the filing showed.

It also cut its stake in home rental company Airbnb and telecommunications firm Lumen Technologies by 16.7% and 25.3% respectively, as of March 31, compared with the quarter ended Dec. 31.

It added Nvidia, S&P Global, 1Life Healthcare to its portfolio during the quarter.

(Reporting by Nivedita Balu in Bengaluru; Editing by Vinay Dwivedi)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 3.58% 116.46 Delayed Quote.-34.65%
DBS GROUP HOLDINGS LTD -0.13% 29.81 Delayed Quote.-8.60%
SINGAPORE AIRLINES LIMITED 0.39% 5.15 Delayed Quote.2.81%
All news about AMAZON.COM, INC.
04:41pApple will not challenge Maryland store unionization vote
RE
03:50pAmazon U.S. drones taking off this year
AQ
03:03pU.S. tech industry frets about handing data to states prosecuting abortion
RE
11:20aFactbox-U.S. companies offering abortion travel benefits
RE
10:40aEvercore ISI Adjusts Amazon.com's Price Target to $180 From $205, Reiterates Outperform..
MT
10:04aAnt Group-backed Zomato beefs up quick delivery game with bigger Blinkit stake
RE
09:00aRBC Cuts Price Targets on Meta Platforms, Alphabet, Amazon.com, Pinterest, Citing Conce..
MT
07:26aAMAZON COM INC : RBC maintains a Buy rating
MD
07:00aRBC Cuts Price Target on Amazon.com to $144 From $175, Sees 'Cracks Starting to Form' i..
MT
01:12aAmazon to Hire 2,000 New Workers in Spain for 2022
MT
More news
Analyst Recommendations on AMAZON.COM, INC.
More recommendations
Financials (USD)
Sales 2022 524 B - -
Net income 2022 7 934 M - -
Net cash 2022 42 240 M - -
P/E ratio 2022 147x
Yield 2022 -
Capitalization 1 185 B 1 185 B -
EV / Sales 2022 2,18x
EV / Sales 2023 1,82x
Nbr of Employees 1 608 000
Free-Float 86,1%
Chart AMAZON.COM, INC.
Duration : Period :
Amazon.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Last Close Price 116,46 $
Average target price 176,01 $
Spread / Average Target 51,1%
EPS Revisions
Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Jonathan Jake Rubinstein Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
AMAZON.COM, INC.-34.65%1 108 502
JD.COM, INC.-11.66%93 841
JD HEALTH INTERNATIONAL INC.-3.09%22 879
COUPANG, INC.-57.59%20 797
ETSY, INC.-64.04%9 418
OCADO GROUP PLC-49.02%8 185