Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Amazon.com, Inc....
Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. Amazon has several distribution facilities: cross-dock centers, fulfillment centers, sortation centers, delivery stations, Prime Now hubs, and Prime Air hubs. Starting in 2015, Amazon began opening physical stores, including Amazon Go, a chain of cashierless convenience stores in the United States and United Kingdom. As of August 2023, there are more than 40 Amazon Go stores. Founded by Jeff Bezos in Bellevue, WA (1994) as an online marketplace for books, it has since expanded into a multitude of product categories. In 1997, it went public (NASDAQ: AMZN). Today Amazon is considered to be one of the Big Five American technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon has multiple subsidiaries including Audible, Ring, IMDb, Twitch, Zappos, Whole Foods Market, and several others. At the end of 2023, the company operated 600+ Delivery Stations, 285+ Fulfillment Centers and employed over 1.6M people around the world. Amazon has an investment grade S&P rating of AA and a long-term Moody’s credit rating of A1. In 2023, they earned a revenue of $574.78B. As of March 2024, Amazon had a market cap of $1.85T. Amazon is headquartered in Seattle, WA.