Amazon (company)

From Simple English Wikipedia, the free encyclopedia, Inc.
FormerlyCadabra, Inc. (1994–95)
Company typePublic
FoundedJuly 5, 1994; 29 years ago (1994-07-05)
Bellevue, Washington, U.S.
FounderJeff Bezos
Area served
Key people
RevenueIncrease US$386.064 billion (2020)
Increase US$22.9 billion (2020)
Increase US$21.331 billion (2020)
Total assetsIncrease US$321.2 billion (2020)
Total equityIncrease US$93.404 billion (2020)
Number of employees
Increase 1,298,000 (Dec. 2020)[1]
U.S.: 810,000 (Oct. 2020)[2]
Footnotes / references

Amazon Corporation, known as Amazon (/ˈæməˌzɒn/), is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered to be one of the Big Five American technology companies, alongside Alphabet (parent company of Google), 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), and 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.

Subsidiaries[change | change source]

Amazon owns over 40 smaller companies, including Twitch, Whole Foods Market, Zappos, Shopbop,, Kiva Systems (now Amazon Robotics), Audible, Goodreads, Teachstreet and IMDb.[8] is primarily a retail site with a sales revenue model; Amazon takes a small percentage of the sale price of each item that is sold through its website while also allowing companies to advertise their products by paying to be listed as featured products.

Other reading[change | change source]

  • Brandt, Richard L. (2011). One Click: Jeff Bezos and the Rise of New York: Portfolio Penguin. ISBN 978-1-59184-375-7. Archived from the original on 2013-02-22. Retrieved 2018-08-31.
  • Daisey, Mike (2002). 21 Dog Years. Free Press. ISBN 0-7432-2580-5.
  • Friedman, Mara (2004). for Dummies. Wiley Publishing. ISBN 0-7645-5840-4.
  • Marcus, James (2004). Amazonia: Five Years at the Epicenter of the Dot.Com Juggernaut. W. W. Norton. ISBN 1-56584-870-5.
  • Spector, Robert (2000). – Get Big Fast: Inside the Revolutionary Business Model That Changed the World. HarperCollins. ISBN 0-06-662041-4.
  • Stone, Brad (2013). The Everything Store: Jeff Bezos and the Age of Amazon. New York: Little Brown and Co. ISBN 978-0-316-21926-6. OCLC 856249407.


References[change | change source]

  1. 1.0 1.1 Retrieved February 6, 2021.
  2. Retrieved December 20, 2020.
  3. Annual report 2019. Seattle, Washington: Amazon. December 31, 2019. Archived from the original on February 26, 2020. Retrieved May 1, 2020.
  4. ", Inc. Common Stock (AMZN) Financials".
  5. "Form 10-K". December 31, 2018. Archived from the original on April 20, 2019. Retrieved April 12, 2019.
  6. "California Secretary of State Business Search". Archived from the original on 2018-02-23. Retrieved 2019-10-02.
  7. "Amazon bought Whole Foods a year ago. Here's what has changed". Yahoo! Finance.
  8. "Amazon Jobs – Work for a Subsidiary". Archived from the original on August 1, 2014. Retrieved October 27, 2014.

Other websites[change | change source]

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