Valiant Capital’s Performance, Holdings, and India Investments

3. Amazon.com, Inc. (NASDAQ:AMZN)

In Amazon.com, Inc. (NASDAQ:AMZN), Valiant reported a $71.49 million stake that contains 73,850 shares, down by 4% over the quarter. Billionaire Ken Fisher’s Fisher Asset Management also trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 17% to 1.70 million shares during the last quarter.

Amazon.com, Inc. (NASDAQ:AMZN), Sign, Building, headquarters, Logo, Brand

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Valiant has held shares of Amazon.com, Inc. (NASDAQ:AMZN) since the end of 2014 and has seen the stock rally by over 200%. In its financial report for the first quarter of 2015, Amazon reported the financial results of its cloud segment, Amazon Web Services, for the first time and in its latest report it showed that AWS sales advanced by 42% on the year to $4.10 billion in the second quarter of 2017. The retail giant has also ventured into several other businesses in the last couple of years, including logistics and, most recently, ticketing. Reuters has recently reported that Amazon.com, Inc. (NASDAQ:AMZN) is looking to set partnerships with US venue owners to sell event tickets, which would allow it to enter into a highly lucrative market currently dominated by Ticketmaster.

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