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Amazon Stock Predictions: The Freebies & Discounts From Prime Subscription Will Help Amazon Catch Up In Southeast Asia

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Amazon has been hiring employees in Singapore since last year.
After a reported postponement last May, Amazon is rumored to be finally launching its services this week in Singapore. The Lion City also hosts SouthEast Asia’s biggest e-commerce operator, Lazada
Alibaba-owned Lazada is the undisputed king of e-commerce retail/wholesale in the Southeast asia region.
On the other hand, Amazon’s generous freebies and discounts for Prime subscribers might help it compete better against Lazada.
AMZN has positive one-year algorithmic forecast for AMZN. Near and medium-term forecasts are negative though.