Company

Amazon

Official Name: Amazon.com, Inc.

Headquarters: Seattle, WA, United States

Founded: July 5, 1994

Employees: 1,608,000

CEO: Mr. Andrew R. Jassy

show_chart NASDAQ: AMZN -1.43%

Market Cap

$1.642 Trillion

USD as of April 1, 2022

history Market Cap History

Company Description

Amazon.com, Inc. is a multinational technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. It started as an online bookstore that later diversified to a wide array of products. Amazon has become the uncontested leader of e-commerce in the US, and after having expanded to many countries, it has also developed further into brick-and-mortar retail with the acquisition of Whole Foods Market, as well as publishing, electronics, cloud computing, video streaming, and production, among other investments.

Amazon market capitalization evolution

Evolution of Amazon.com, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Amazon.com, Inc.

Detailed Description

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

Wikipedia Introduction

Amazon.com, Inc. (/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", and is one of the world's most valuable brands. 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, 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. 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. Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale. As of 2021, it is the world's largest Internet company, online marketplace, AI assistant provider, cloud computing platform, and live-streaming service as measured by revenue and market share. 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. It is the second-largest private employer in the United States. 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 is the owner of film and television studio Metro-Goldwyn-Mayer since 2022. It also produces consumer electronics—most notably, Kindle e-readers, Echo devices, Fire tablets, and Fire TV. Amazon has been criticized for practices including technological surveillance overreach, a hyper-competitive and demanding work culture, tax avoidance, and anti-competitive behavior. Amazon was founded by Jeff Bezos in July 1994, who chose Seattle for its abundance of technical talent, as Microsoft was in the area. Mackenzie Scott was also instrumental in its founding, and drove a…

Source: Wikipedia, retrieved on March 31, 2022, 8:41 p.m.

Product & Services

EchoFire TabletFire TVFire OSKindle, Amazon.comAmazon AlexaAmazon AppstoreAmazon MusicAmazon PrimeAmazon Prime VideoAmazon Web Services

Key People

Founder(s): Jeff Bezos

Jeff Bezos(executive chairman) Andy Jassy(president and CEO)

Financials

Revenue: US$469.822 billion (2021)

Operating income: US$24.879 billion (2021)

Net income: US$33.364 billion (2021)


Total assets: US$420.549 billion (2021)

Total equity: US$138.245 billion (2021)

Details

Headquarters:

410 Terry Avenue North

Seattle, WA 98109-5210

United States

Phone: 206-266-1000