In the Amazon 2000 Q4 letter, Amazon (AMZN, Financial) was highlighted for its strategic resilience and operational improvements despite a challenging market environment. The company served 20 million customers in 2000, a notable increase from 14 million in 1999, demonstrating its expanding customer base and market reach. Sales grew impressively to $2.76 billion, up from $1.64 billion the previous year, underscoring Amazon's robust revenue growth trajectory.
"Amazon.com the company is in a stronger position now than at any time in its past. We served 20 million customers in 2000, up from 14 million in 1999. Sales grew to $2.76 billion in 2000 from $1.64 billion in 1999. Pro forma operating loss shrank to 6% of sales in Q4 2000, from 26% of sales in Q4 1999." — Jeffrey P. Bezos, Amazon 2000 Q4 Fund Letter
Read full letter at gurufocus Amazon 2000 Q4 page.