Amazon (company)

American multinational technology 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.

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
RevenueIncrease US$386.064 billion (2020)
Increase US$22.9 billion (2020)
Increase US$21.331 billion (2020)
Total assetsIncrease US$321.2 billion (2020)
Total equityIncrease US$93.404 billion (2020)
Number of employees
Increase 1,298,000 (Dec. 2020)[1]
U.S.: 810,000 (Oct. 2020)[2]
Subsidiaries
Websiteamazon.com
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.

Companies Owned

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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

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  • 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

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  1. 1.0 1.1 https://www.sec.gov/ix?doc=/Archives/edgar/data/1018724/000101872421000004/amzn-20201231.htm#i75de98b9097f40f3b5884e541f532421_73. Retrieved February 6, 2021.
  2. http://www.nytimes.com/2020/11/27/technology/pushed-by-pandemic-amazon-goes-on-a-hiring-spree-without-equal.html. Retrieved December 20, 2020.
  3. Annual report 2019. Seattle, Washington: Amazon. December 31, 2019. Archived from the original on February 26, 2020. Retrieved May 1, 2020.
  4. "Amazon.com, Inc. Common Stock (AMZN) Financials". www.nasdaq.com.
  5. "Form 10-K". Amazon.com. December 31, 2018. Archived from the original on April 20, 2019. Retrieved April 12, 2019.
  6. "California Secretary of State Business Search". Businesssearch.sos.ca.gov. Archived from the original on 2018-02-23. Retrieved 2019-10-02.
  7. "Amazon bought Whole Foods a year ago. Here's what has changed". Yahoo! Finance.
  8. "Amazon Jobs – Work for a Subsidiary". Archived from the original on August 1, 2014. Retrieved October 27, 2014.



Other websites

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  Media related to Amazon.com at Wikimedia Commons