About Amazon Company
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 its sales of music and videos in the year 1998, and amazon began its 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 refer 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.
On July 5, 1994, Jeff Bezos founded the Amazon company from his garage in Bellevue, Washington, D.C. To begin with, the Amazon company is an online market for books. Since then, the Amazon company has expanded into a variety of product categories.
- 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.
Amazon Company Awards
The amazon company has a multiple subsidiary like; The amazon web Services(cloud computing )as well as zox.
Additionally, the Amazon firm has created Amazon Lab126, Kuiper Systems, and (autonomous vehicles), as well as satellite Internet. as well (computer hard ware R&D). Ring, Twitch, IMDb, and the Amazon corporation are some of its other components. Amazon also participates in the whole sale food industry.
The footprint of the Amazon company was dramatically expanded by the purchase of Whole Foods in August 2017 for around US$13.4 billion.
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.
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 second-largest private employer in the United States of America is the amazon firm.
Amazon Company Achievement
Through its Amazon Prime Video, Amazon Music, Twitch, and Audible divisions, Amazon also distributes a variety of downloadable and streaming entertainment. Through its publishing division, Amazon Publishing, it releases books, and through Amazon Studios, it releases movies and television shows. Since March 2022, the amazon has now owned the film and television production company Metro-Goldwyn-Mayer.
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 counter fit goods. But his did not work out for the Nike company as planned so the hard to with drawl from the amazon company partnership on the month of November in the year 2019.
Amazon Company Transportation
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 ATS has made it much easier to reach the amazon customers around the globe.
Amazon Company Product And Services
The Amazon corporation offers a variety of media, including books, music, DVDs, CDs, videotapes, and software, through its Amazon website product line. Along with gourmet cuisine, groceries, health products, and other personal items, Amazon also specializes in making costume baby products. These include kitchen appliances, jewelry, watches of all types, and garden tools.
Amazon also specializes in musical instruments, sporting equipment, toys, games, and a variety of other tools and equipment. In the month of August of 2019, Amazon applied to open a liquor store in San Francisco, CA in order to ship alcoholic beverages such as beers within the city.
Therefore, amazon company started an online delivery service on the month of November 2020 which was dedicated to drug prescriptions, the amazon company 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.
Amazon 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
In the month of September 2021, the Amazon corporation introduce its first household robot, which is powered by their Alexa smart home technology, making it their most well-known introduction to date. When not at home, the Amazon robot can be commanded remotely to check on people, pets, or home security. If the robot notices something weird, it will alert the owner.
Amazon Company Finance
The Amazon company is primarily known for a retail site with a sales revenue model; Amazon takes a small percentage 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 2018, the Amazon company ranked eighth among the top 500 fortune 500 corporations in the United States of America in terms of total revenue. As a result of Amazon’s business expansion, its market capitalization increased by approximately US$33.36 billion to 469.822 billion.
Amazon’s market capitalization went over US$1 trillion again in early February 2020 after the announcement of the fourth quarter 2019 results.
Year Total Assets in Millions of US Dollars Employees Net Income in Millions of US Dollars
- 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.
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. The company as of the year 2021 had about 1,608,000 workers.
The Amazonia’s are the employees of the Amazon firm, and they typically work there for between nine and twelve months. Because Amazon is concerned about theft, the Amazonia’s—also known as Amazon firm employees—are not permitted to carry anything electrical into the workplace, including their cell phones.
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.
Amazon company is on of the largest companies in the whole world it provides customers with all the necessities needed from them.
The company gifts card is one of the top gifts cards rating today in Walmart stores all over the globe.
Furthermore, the amazon company was found in the year 1994 by Jeff Bezos. Amazon is one of the top five information technology companies in the United States. Moreover, the Amazon firm has created Amazon Lab126, Kuiper Systems, and (autonomous vehicles), as well as satellite Internet. Besides, it’s the second-largest private employer in the United States of America is the amazon firm. The Amazon company gives a free shipping on millions of goods or products.
Besides, Amazon has been criticize for customer data collection practices, a toxic work culture, tax avoidance, and anti-competitive behavior.
In the year 2017, the Nike company reach an agreement with the amazon company in other to be able to sell products and make exchanges through amazon. Amazon has thousands of customers all over the world, Amazon has a transportation service popularly known as the ATS.
The company is primarily known for a retail site with a sales revenue model. Amazon takes a small percentage of the sale price of each products that is been sold. In the month of September 2021, the Amazon corporation introduced its first household robot powered by their Alexa smart home technology.