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‘It's Frankly Great for Us’: MongoDB CEO Welcomes Amazon Rivalry

Tech Favorite MongoDB May Have Room to Run Even After a 129% Rally

Photographer: Simon Dawson/Bloomberg

MongoDB Inc., the fast-growing database software company, saw its shares tumble after Amazon released a rival offering. The company’s response? Bring it on.

“It’s frankly great for us,” Chief Executive Officer Dev Ittycheria said in an interview on Wednesday. “I don’t say that just out of either naivete or hubris.”