The amazon company was founded in the year 1994 by Jeff Bezos, Amazon became well known to the general public in the year 1997 on may.
Amazon began it sells of music and videos in the year 1998,and the amazon began it’s international activities by getting online sellers of books in the United states of America as well as Germany.
In the year 2000 Amazon launched an Amazon web
Amazon company, Inc. The Amazon company is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
Therefore, the amazon company is has been referred to as “one of the most influential economic and cultural forces in the world,” and is one of the world’s most valuable brands.
Amazon company is one of the biggest top five information technology companies, in the united states of America, along side other companies like Alphabet, Apple, Meta, and Microsoft.
The amazon company was founded by Jeff Bezos from his garage in Bellevue, located in Washington D.C in the year 1994 on the 5th of July. To start with the Amazon company is an online market for books, the amazon company has grown into a multiple of product sections.
- Stock price: Amazon (NASDAQ) US$129.79 -0.96 (-0.73%)
29 Aug, 16:00 GMT-4 – Disclaimer
- Founder: Jeff Bezos
- Founded: 5 July 1994, Bellevue, Washington, United States
- CEO: Andy Jassy (5 Jul 2021–)
- Headquarters: Seattle, Washington, United States
- Revenue: 469.8 billion USD (2021)
- CFO: Brian T. Olsavsky.
- Number Of Employees:
Increase 1,608,000 (December 2021)U.S.: 950,000 (June 2021)
- Subsidiaries: Audible, Zappos, Whole Foods Market, Ring, MORE
This strategy has earned the amazon company into a moniker.
On February 2, 2021,the Amazon announced that Jeff Bezos would step down as the CEO, to become the executive chair of Amazon’s board .Therefore, the appointed the former CEO of AWS as the new Amazon CEO.
The Amazon Company And Achievements
Amazon company has a multiple subsidiary like; The amazon web Services(cloud computing )as well as Zox.
The amazon company has also come up with an (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126.And also (computer hard ware R&D).its other sections include Ring, Twitch, IMDb, and also the amazon company involves themselves in a whole sale food market.
The amazon companies purchase of whole foods in August 2017 for about a us$13.4 billion significantly increased to its footprint.
Besides, On the beginning of January amazon created an offer for their qualified employees for a fully funded collage tuition after a three months on the job.
Amazon company gives a free shipping on millions of goods or products.
therefore, the amazon company have gained a respect as a disruptor of a well established companies through technological change and mass scale. As of the year 2021 the amazon company was known as the world’s largest online retailer and market place.
The amazon company also exceled in Walmart as the were known as the world’s largest retailer outside china, Therefore, amazon was then moved in the large part by it’s paid subscriptions plan, known as the amazon prime, which has over 200 million subscribers in the whole world.
The amazon company is also the the second-largest private employer in the United States of America.
Amazon has also a distributes of 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, The amazon also has been the owner of film and television studio Metro-Goldwyn-Mayer since March 2022.
The amazon also produces consumer electronics—most notably, Kindle e-readers, Echo devices, Fire tablets, and Fire TVs.
Amazon has also been criticized for customer data collection practices, a toxic work culture, tax avoidance, and anti-competitive behavior.
In the year 2021,the Amazon company entered into an agreement with borders group, under which the amazon would comanage boarders.com as a co-branded service. Therefore, in the year 2007 the boarders pulled out the arrangement, in other for them to launch their own online store.
In the year 2011 0n the 8th of October the amazon company announced their partnership with the DC Comics for the exclusive digital rights to many popular comics like superman ,batman, green lantern, The sandman and so many others.
The Amazon company also made it well known to the general public about their partnership with the United states of America postal services on November in the year 2013.Therefore,amazon began did this in other to begin delivery orders on Sundays.
This services are; the amazon standard shipping rates, initialed in the metropolitan area of Los angles as well as new York city. Therefore, because of the in ability to deliver on time ,the took plans to expand into Dallas, Huston<New Orleans and Phoenix.
In the year 2017,the Nike company reached an agreement with the amazon company in other to be able to sell products and make exchanges through amazon company with the aim of making a better policy of counterfeit goods. But his did not work out for the Nike company as planned so the hard to withdrawal from the amazon company partnership on the month of November in the year 2019.
Furthermore, Amazon has thousands of customers all over the world, Amazon has a transportation service popularly known as the ATS. Therefore, the Amazon Transportation services known as the ATS helps in the transportation of amazon products around the world either by air, water or by land. The Acts has made it much easier to reach the amazon customers around the globe.
The Amazon Company Products And Services
Besides the amazon company has a product line available on the Amazon websites which includes a several number of media like books, music, DVDs, CDs, Videotapes and software. Amazon also specialize in producing costume baby products like; gourmet food, groceries, health and other personal materials, as well as industrial and scientific supply ,kitchen equipment, jewelries, all kinds of watch and as well garden tools.
Amazon company also specialize in musical instruments, sporting equipment’s, toys games and so many other tools and equipment’s. In the year 2019 in the month of august amazon applied to be able to have a liquor store in San Francisco, CA as of a result to be able to ship alcoholic drinks like beers within the city.
Therefore, amazon started an online delivery service on the month of November 2020 which was dedicated to drug prescriptions, the amazon also provides a discounts of up to 80 percent for common drugs up to 40 percent for branded drugs for their prime subscribers and users as well.
The Amazon Company also has a number of products and services like:
- Amazon Fresh
- Amazon Prime
- App store
- Amazon Drive
- Music Unlimited
- Amazon Digital Software & Video Games
- Amazon Studios
- Amazon Wireless
- Amazon Academy
- Fire tablets
- Fire TV
- Kindle Store
Moreover, Amazon company made their biggest launch of an Astro well known to the general public on the month of September 2021,the amazon company launched it first household robot, the robot is powered by its Alexa smart home technology. The amazon robot can be controlled by remote when not at home, in other to check on pets, individuals or home security. The robot will send a signal to the owner if it detects anything unusual.
Amazon is primarily known for a retail site with a sales revenue model; Amazon takes a small of the sale price of each products that is been sold through the amazon websites aw well as also permitting companies to advertise their products by paying to be listed as a featured products.
As of the year 2018,the amazon company was at the top 8th companies ranking about 500 fortune of the largest in United states Of America corporation by total number of revenue. Therefore, amazon market capitalization went about US$33.36billion to 469.822 billion, this happened due to the business expansion by Amazon.
Amazon’s market capitalization went over US$1 trillion again in early February 2020 after the announcement of the fourth quarter 2019 results.
- in mil. US$ Net income
- in mil. US$ Total Assets
- in mil. US$ Employees
- 1995 0.5 −0.3 1.1
- 1996 16 −6 8
- 1997 148 −28 149 614
- 1998 610 −124 648 2,100
- 1999 1,639 −720 2,466 7,600
- 2000 2,761 −1,411 2,135 9,000
- 2001 3,122 −567 1,638 7,800
- 2002 3,932 −149 1,990 7,500
- 2003 5,263 35 2,162 7,800
- 2004 6,921 588 3,248 9,000
- 2005 8,490 359 3,696 12,000
- 2006 10,711 190 4,363 13,900
- 2007 14,835 476 6,485 17,000
- 2008 19,166 645 8,314 20,700
- 2009 24,509 902 13,813 24,300
- 2010 34,204 1,152 18,797 33,700
- 2011 48,077 631 25,278 56,200
- 2012 61,093 −39 32,555 88,400
- 2013 74,452 274 40,159 117,300
- 2014 88,988 −241 54,505 154,100
- 2015 107,006 596 64,747 230,800
- 2016 135,987 2,371 83,402 341,400
- 2017 177,866 3,033 131,310 566,000
- 2018 232,887 10,073 162,648 647,500
- 2019 280,522 11,588 225,248 798,000
- 2020 386,064 21,331 321,195 1,298,000
- 2021 469,822 33,364 420,549 1,608,000
The Amazon Company Workers
The amazon companies has made it known to the public that the is nothing more important to them than keeping their workers safe. Amazon as of the year 2021 had about 1,608,000 workers.
The amazon company employees are known as the Amazonia’s, the average time for an Amazon employee is from 9 to 12 months. The Amazonia’s known as the amazon workers are not allowed to bring their cell phones into their work place, because Amazon is afraid of stealing and the Amazonia’s are aw well not allowed to bring in anything electronics.
Here are some of the best jobs to do in the Amazon company:
- Data Scientist.
- Art Director.
- Principal Product Manager.
- Senior Software Development Manager.
- Associate Corporate Counsel. Average Salary.
- Content Acquisition Manager. Average Salary.
- Solutions Architect. Average Salary.
- Principal Business Development Manager. Average Salary.
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What is the Amazon famous for?
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What country owns Amazon?
Amazon company is on of the largest companies in the whole world it provides customers with all the necessities needed from them.
The amazon company since the year 2016 till date has been doing perfectly well in terms of business transactions all over the world the have been partners with big companies like Nike and so many other companies Donald trump the former president of the united states of America also made a bad speech about the amazon company which was as a result of the tax avoidance made by the amazon company.
The Amazon company gifts card is one of the top gifts cards rating today in Walmart stores all over the globe.
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