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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen12/21/2016 3:40:58 PM
   of 1084
 
Twilio Jumps On Expanded Amazon Web Services Deal

12/21/2016

Shares of Twilio (TWLO) are on track for their best day in nearly six months on a report that the once-hot tech IPO has expanded its existing relationship with cloud-computing giant Amazon Web Services.

Twilio's cloud-based software provides real-time messaging services for many businesses to alert clients. In July, Amazon (AMZN) and Twilio announced that its software would power SMS delivery for AWS the Amazon Simple Notification Service. Now the tech companies plan to expand into voice notifications, Benzinga reported, citing a source.

Amazon also invested in Twilio back in 2015.

Twilio has a big customer base, including Netflix (NFLX), Salesforce.com (CRM) and Twitter (TWTR). It's also used by many sharing economy companies, including Uber, Lyft, Airbnb and TaskRabbit.

investors.com

TWLO is a recent UVM Pick.







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