Can Roku Withstand Amazon's Fire?

Roku (NASDAQ: ROKU) lists Amazon (NASDAQ: AMZN) as one of its biggest competitors in its quarterly filings with the Securities and Exchange Commission. And its competition with Amazon just got a bit bigger, after the online retailer announced a partnership with Best Buy (NYSE: BBY) to sell several new Fire TV Edition smart TVs.Roku is putting a greater focus on licensing its software to television manufacturers in 2018, as it looks to expand the reach of its platform.

Topics:  roku nasdaq   amazon nasdaq   amzn    securities   exchange   commission   best buy nyse   tvs    amazon   alphabet's google   evidently   roku    roku   amazon   buy   tv   fire tv edition   sets   strategy   platform   competition   software   year   sell   pressure   

 

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