American multinational technology company From Wikipedia, the free encyclopedia
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.
Amazon | |
Formerly | Cadabra, Inc. (1994–95) |
Company type | Public |
ISIN | US0231351067 |
Industry | |
Founded | July 5, 1994 Bellevue, Washington, U.S. |
Founder | Jeff Bezos |
Headquarters | , U.S. |
Area served | Worldwide |
Key people |
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Products | |
Services |
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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 |
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Website | amazon |
Footnotes / references [1][3][4][5][6][7] |
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.
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.
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