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Actionable news in ATVI: Activision Blizzard, Inc,

Bezos' Brilliant Billion Dollar Bet

Summary

Twitch has survived and thrived the transition to mobile.

Although not primarily thought of as a social network, Twitch has developed a respectable social community on its platform.

User engagement is one of its most impressive aspects.

Analysts have come to praise Facebook's (NASDAQ:FB) Mark Zuckerberg for his "brilliant" acquisition of Instagram for a cool $1 billion back in 2012. The time has come to give similar praise to Jeff Bezos in regards to Amazon's (NASDAQ:AMZN) billion-dollar acquisition of Twitch, the live streaming video platform embraced by gamers across the world. Looking back at Twitch's yearly retrospective, we can identify three figures that demonstrate the success of...


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