Amazon (company)

American multinational technology company From Wikipedia, the free encyclopedia

Amazon (company)

Amazon.com, Inc., known as Amazon (/ˈæməˌzɒn/), is an American multinational technology company focusing on selling things online, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered to be one of the Big Five American technology companies, alongside Alphabet (parent company of Google), Apple, Meta and Microsoft.

Quick Facts Trade name, Formerly ...
Amazon.com, Inc.
Amazon
FormerlyCadabra, Inc. (1994–95)
Company typePublic
ISINUS0231351067
Industry
FoundedJuly 5, 1994; 30 years ago (1994-07-05)
Bellevue, Washington, U.S.
FounderJeff Bezos
Headquarters,
U.S.
Area served
Worldwide
Key people
Products
Services
Revenue US$386.064 billion (2020)
US$22.9 billion (2020)
US$21.331 billion (2020)
Total assets US$321.2 billion (2020)
Total equity US$93.404 billion (2020)
Number of employees
1,298,000 (Dec. 2020)[1]
U.S.: 810,000 (Oct. 2020)[2]
Subsidiaries
  • A9.com
  • AbeBooks
  • Alexa Internet
  • Amazon.com Services
  • Amazon Air
  • Amazon Books
  • Amazon Fresh
  • Amazon Game Studios
  • Amazon Lab126
  • Amazon Logistics
  • Amazon Pharmacy
  • Amazon Publishing
  • Amazon Robotics
  • Amazon Studios
  • AWS
  • Audible
  • Body Labs
  • Book Depository
  • ComiXology
  • Digital Photography Review
  • Goodreads
  • Graphiq
  • IMDb
  • PillPack
  • Ring
  • Souq.com
  • Twitch Interactive
  • Whole Foods Market
  • Woot
  • Zappos
Websiteamazon.com
Footnotes / references
[1][3][4][5][6][7]
Close

Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. It started selling books online. Now it sells many things online, so it is sometimes called The Everything Store. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). The company owns Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Whole Foods in August 2017 for US$13.4 billion substantially increased its footprint as a physical retailer.

Companies Owned

Amazon owns over 40 smaller companies, including Twitch, Whole Foods Market, Zappos, Shopbop, Diapers.com, Kiva Systems (now Amazon Robotics), Audible, Goodreads, Teachstreet and IMDb.[8] Amazon.com makes money by letting other people sell things and taking a percentage of the price. Amazon also allows companies to advertise their products by paying to be listed as featured products.

Other reading

  • Brandt, Richard L. (2011). One Click: Jeff Bezos and the Rise of Amazon.com. New York: Portfolio Penguin. ISBN 978-1-59184-375-7. Archived from the original on 2013-02-22. Retrieved 2018-08-31.
  • Daisey, Mike (2002). 21 Dog Years. Free Press. ISBN 0-7432-2580-5.
  • Friedman, Mara (2004). Amazon.com for Dummies. Wiley Publishing. ISBN 0-7645-5840-4.
  • Marcus, James (2004). Amazonia: Five Years at the Epicenter of the Dot.Com Juggernaut. W. W. Norton. ISBN 1-56584-870-5.
  • Spector, Robert (2000). Amazon.com – Get Big Fast: Inside the Revolutionary Business Model That Changed the World. HarperCollins. ISBN 0-06-662041-4.
  • Stone, Brad (2013). The Everything Store: Jeff Bezos and the Age of Amazon. New York: Little Brown and Co. ISBN 978-0-316-21926-6. OCLC 856249407.

References

Other websites

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