Amazon.com, Inc is an American international technology business based in Seattle, Washington, which focuses on e-commerce, cloud computer, digital streaming, and artificial intelligence. It is just one of the Huge 5 firms in the UNITED STATE information technology sector, along with Google, Apple, Microsoft, and also Facebook. The firm has actually been referred to as "one of one of the most significant economic and social forces in the globe", in addition to the globe's most valuable brand name.
Jeff Bezos founded Amazon.com from his garage in Bellevue, Washington, on July 5, 1994. It began as an on the internet marketplace for books however broadened to market electronics, software, video games, apparel, furnishings, food, toys, and also precious jewelry. In 2015, Amazon surpassed Walmart as the most beneficial merchant in the United States by market capitalization. In 2017, Amazon.com got Whole Foods Market for US$ 13.4 billion, which significantly enhanced its footprint as a physical retailer. In 2018, its two-day delivery solution, Amazon Prime, exceeded 100 million customers worldwide.
Amazon is known for its interruption of reputable industries with technological technology and also mass scale. It is the globe's biggest online industry, AI aide carrier, live-streaming system, and cloud computing system as determined by earnings and market capitalization. Amazon is the largest Net company by earnings in the world. It is the 2nd biggest exclusive employer in the USA and also one of the world's most important businesses. Since 2020, Amazon has the greatest global brand name valuation.
Amazon disperses downloads and streaming of video, songs, as well as audiobooks via its Prime Video, Amazon Music, Twitch, as well as Audible subsidiaries. Amazon also has a posting arm, Amazon Posting, a film and also tv studio, Amazon.com Studios, and also a cloud computing subsidiary, Amazon Web Provider. It creates customer electronics consisting of Kindle e-readers, Fire tablet computers, Fire TV, and also Echo tools. Its acquisitions throughout the years consist of Ring, Twitch, Whole Foods Market, and also IMDb.
Amazon.com has been criticized for practices including technical security overreach, a hyper-competitive and also demanding work culture, tax obligation evasion, and also anti-competitive actions.