Amazon
Amazon.com, Inc. is a significant US-based technology business specializing in e-commerce, online advertising, cloud computing, digital streaming, and artificial intelligence. It is one of the world's most esteemed companies and part of the Big Five American IT firms. Established in 1994 by Jeff Bezos, Amazon began as an online bookstore but is today known as The Everything Store due to its vast selection of product categories. It has many subsidiaries, including Amazon Web Services, Kuiper Systems, Amazon Lab126, Zoox, Ring, Twitch, IMDb, and Whole Foods Market.
Amazon is well-known for changing established industries through innovation and reinvestment of profits. It is the world's biggest online retailer, cloud computing provider, smart speaker supplier, and live-streaming service, and it has over 200 million Amazon Prime members globally. Along with retail, Amazon distributes downloadable and streaming content, publishes books, produces film and television content, and sells consumer electronics. However, the company has been criticized for its customer data collection practices, work culture, tax avoidance, and anti-competitive behavior.
Amazon has a market capitalization of $1.074 trillion as of April 2023, putting it in fifth place in the list of the world's most valuable companies by market capitalization. With its impressive selection of products and services, Amazon continues revolutionizing the retail industry and providing customers with innovative solutions and outstanding customer service.
Founded: 1994
Headquarters: Seattle, Washington, and Arlington, Virginia
Website: https://amazon.com