Amazon (company)

Amazon.com, Inc.
Amazon
FormerlyCadabra, Inc.
(1994–1995)
TypePublic
ISINUS0231351067
Industry
FoundedJuly 5, 1994 (1994-07-05)
Bellevue, Washington, U.S.
FounderJeff Bezos
Headquarters,
U.S.
Area served
Worldwide
Key people
Products
Services
Revenue Increase US$469.822 billion (2021)[1][2]
Increase US$24.879 billion (2021)[1]
Increase US$33.364 billion (2021)[1]
Total assetsIncrease US$420.549 billion (2021)[1]
Total equityIncrease US$138.245 billion (2021)[1]
OwnerJeff Bezos (14.0% voting power, 10.6% economic interest)[3]
Number of employees
Increase 1,622,000 (March 2022)[4][1]
U.S.: 950,000 (June 2021)[5]
Subsidiaries
Websitewww.amazon.com Edit this at Wikidata
Footnotes / references
[6][7]

Amazon.com, Inc.[8] (/ˈæməzɒn/ AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world",[9] and is one of the world's most valuable brands.[10] It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft.

Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington,[11] on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories: a strategy that has earned it the moniker The Everything Store.[12] It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), Amazon Lab126 (computer hardware R&D). Its other subsidiaries include 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.[13]

Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale.[14][15][16][17] As of 2021, it is the world's largest online retailer and marketplace, smart speaker provider, cloud computing service through AWS,[18] live-streaming service through Twitch, and Internet company as measured by revenue and market share.[19] In 2021, it surpassed Walmart as the world's largest retailer outside of China, driven in large part by its paid subscription plan, Amazon Prime, which has over 200 million subscribers worldwide.[20][21] It is the second-largest private employer in the United States.[22]

Amazon also distributes a variety of downloadable and streaming content through its Amazon Prime Video, Amazon Music, Twitch, and Audible units. It publishes books through its publishing arm, Amazon Publishing, film and television content through Amazon Studios, and has been the owner of film and television studio Metro-Goldwyn-Mayer since March 2022. It also produces consumer electronics—most notably, Kindle e-readers, Echo devices, Fire tablets, and Fire TVs.

Amazon has been criticized for customer data collection practices,[23] a toxic work culture,[24] tax avoidance,[25][26] and anti-competitive behavior.[27][28]

  1. ^ a b c d e f "Form 10-K: Amazon.com.inc". United States Securities and Exchange Commission. Retrieved February 4, 2022.
  2. ^ "Amazon.com, Inc. 2021 Form 8-K Report" (PDF). cloudfront.net. December 31, 2021. Retrieved February 4, 2022.
  3. ^ "tm2035374-1_def14a - none - 7.9375412s". www.sec.gov.
  4. ^ "Amazon profile". finance.yahoo.com. Retrieved May 20, 2022.
  5. ^ Reuter, Dominick (July 30, 2021). "1 out of every 153 American workers is an Amazon employee". Business Insider. Retrieved February 4, 2022.
  6. ^ "Amazon.com, Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  7. ^ "California Secretary of State Business Search". Secretary of State of California.
  8. ^ "Amazon.com, Inc. - Form-10K". Amazon. December 31, 2018. Retrieved March 17, 2019.
  9. ^ "Amazon Empire: The Rise and Reign of Jeff Bezos". PBS.
  10. ^ Kantar. "Accelerated Growth Sees Amazon Crowned 2019's BrandZ™ Top 100 Most Valuable Global Brand". www.prnewswire.com. Retrieved May 25, 2020.
  11. ^ Guevara, Natalie (November 17, 2020). "Amazon's John Schoettler has helped change how we think of corporate campuses". bizjournals.com. Archived from the original on March 9, 2021. Retrieved March 9, 2021.
  12. ^ Kakutani, Michiko (October 28, 2013). "Selling as Hard as He Can". The New York Times. ISSN 0362-4331. Archived from the original on October 29, 2013. Retrieved December 20, 2021.
  13. ^ Cite error: The named reference wf was invoked but never defined (see the help page).
  14. ^ "Fortune Global 500 List 2018: See Who Made It". Fortune. Retrieved January 8, 2019.
  15. ^ Furth, John F. (May 18, 2018). "Why Amazon and Jeff Bezos Are So Successful at Disruption". Entrepreneur. Retrieved May 16, 2019.
  16. ^ Bylund, Per (August 29, 2017). "Amazon's Lesson About Disruption: Rattle Any Market You Can". Entrepreneur. Retrieved May 16, 2019.
  17. ^ Newman, Daniel. "Alibaba vs. Amazon: The Battle Of Disruptive Innovation Beyond Traditional E-Commerce". Forbes. Retrieved May 16, 2019.
  18. ^ "Microsoft Cloud Revenues Leap; Amazon is Still Way Out in Front". srgresearch.com. Reno, Nevada: Synergy Research Group.
  19. ^ Jopson, Barney (July 12, 2011). "Amazon urges California referendum on online tax". Financial Times. Archived from the original on July 14, 2011. Retrieved August 4, 2011.
  20. ^ "Amazon Prime now has 200 million members, jumping 50 million in one year". news.yahoo.com. Retrieved December 20, 2021.
  21. ^ Spangler, Todd (April 15, 2021). "Amazon Prime Tops 200 Million Members, Jeff Bezos Says". Variety. Retrieved February 14, 2022.
  22. ^ Cheng, Evelyn (September 23, 2016). "Amazon climbs into list of top five largest US stocks by market cap". CNBC. Retrieved February 20, 2019.
  23. ^ Harwell, Drew (April 30, 2019). "Amazon's facial-recognition AI is supercharging police in Oregon". The Washington Post. Retrieved June 30, 2019.
  24. ^ Kantor, Jodi; Streitfeld, David. "Inside Amazon: Wrestling Big Ideas in a Bruising Workplace". The New York Times. Retrieved February 15, 2020.
  25. ^ Stampler, Laura (February 14, 2019). "Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits". Fortune. Retrieved February 20, 2019.
  26. ^ Jr, Tom Huddleston (February 15, 2019). "Amazon will pay $0 in federal taxes this year — and it's partially thanks to Trump". CNBC. Retrieved February 14, 2022.
  27. ^ Khan, Lina (January 2017). "Amazon's Antitrust Paradox". Yale Law Journal. 126 (3): 564–907.
  28. ^ Cite error: The named reference baum was invoked but never defined (see the help page).

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne