It is being pumped hard - is it a legitimate business?
Thanks Hugh
With a 4,428% gain this year, market cap is now $249M. It helps AMZN sellers efficiently launch and manage their sales and provides data analysis. Insiders own 19%. No analyst coverage. But it is putting out press releases on 'world leading quantum-powered AI sales ecosystems', trying to get all the hot topics into one press release. It does have some customer apps in place but on last financials it had a grand total of $2,801 in cash, $0 in revenue and $0 in subscriptions. It announced a new CEO in June. Nothing in the financials, so far, looks remotely interesting to us and we would exercise extreme caution here.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AMZN.