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Amazon (company)

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Amazon.com, Inc.

Amazon logo.svg

Amazon Spheres 05.jpg

The Amazon Spheres, part of the Amazon headquarters campus in Seattle

Trade name

Amazon

Formerly

Cadabra, Inc. (1994–95)

Type

Public

Traded as

NASDAQ: AMZN

NASDAQ-100 component

S&P 100 component

S&P 500 component

ISIN US0231351067

Industry

Cloud computing,

e-commerce,

artificial intelligence,

consumer electronics,

digital distribution,

grocery stores

Founded July 5, 1994; 25 years ago in Bellevue, Washington, US

Founder Jeff Bezos

Headquarters Seattle, US

Area served

Worldwide

Key people

Jeff Bezos (chairman, president and CEO)

Werner Vogels (CTO)

Products

Amazon EchoAmazon FireAmazon Fire TVAmazon Fire OSAmazon Kindle

Services

Amazon.comAmazon AlexaAmazon AppstoreAmazon MusicAmazon PrimeAmazon Prime VideoAmazon Web Services

Revenue Increase US$280.522 billion (2019)

Operating income

Increase US$14.541 billion (2019)

Net income

Increase US$11.588 billion (2019)

Total assets Increase US$225.248 billion (2019)

Total equity Increase US$62.06 billion (2019)

Number of employees

Increase 840,000 (2020)[1]

Subsidiaries

A9.comAbeBooksAmazon AirAlexa InternetAmazon BooksAmazon Game StudiosAmazon Lab126Amazon Logistics, Inc.Amazon PublishingAmazon RoboticsAmazon.com ServicesAmazon StudiosAudibleBody LabsAWSBook DepositoryComiXologyGoodreadsGraphiqIMDbRingSouq.comTwitch InteractiveWhole Foods MarketWootZappos

Website www.amazon.com

Footnotes / references

[2][3][4][5][6]

Amazon.com, Inc.[7] (/ˈæməzɒn/), is an American multinational conglomerate technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies, along with Google, Apple, and Microsoft.[8][9][10] It has been referred to as "one of the most influential economic and cultural forces in the world" as well as the world's most valuable brand.[11][12]

Amazon is known for its disruption of well-established industries through technological innovation and mass scale.[13][14][15] It is the world's largest online marketplace, AI assistant provider, and cloud computing platform[16] as measured by revenue and market capitalization.[17] Amazon is the largest Internet company by revenue in the world.[18] It is the second largest private employer in the United States[19] and one of the world's most valuable companies.

Amazon was founded by Jeff Bezos in Bellevue, Washington, on July 5, 1994. The company started as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.[20] In 2017, Amazon acquired Whole Foods Market for US$13.4 billion, substantially increasing Amazon's footprint as a physical retailer.[21] In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.[22][23]

Amazon distributes downloads and streaming of video, music, and audiobooks through its Prime Video, Amazon Music, Twitch, and Audible subsidiaries. Amazon also has a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, and a cloud computing subsidiary, Amazon Web Services. It produces consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. In addition, Amazon acquisitions include Ring, Twitch, Whole Foods Market, and IMDb. Among various controversies, the company has been criticized for technological surveillance overreach,[24] a hyper-competitive and demanding work culture,[25] tax avoidance,[26] and anti-competitive practices.[27][28]