Amazon.Com Inc (AMZN)

About Amazon.com, Inc. (AMZN)

Company Description:

 

Amazon.com, Inc. is a global leader in e-commerce and cloud computing, widely recognized for its vast online retail operations. The company operates through three core segments: North America, International, and Amazon Web Services (AWS).

Founded by Mr. Jeffrey P. Bezos on July 5, 1994, Amazon started as an online bookstore and has since expanded to become an electronic commerce and cloud computing giant. The company's headquarters is located in Seattle, Washington, United States.

 

Main Product(s):

 

Amazon.com, Inc. offers a broad range of products and services including electronic commerce, cloud computing through AWS, digital streaming through Amazon Prime, and various consumer electronics such as the Kindle e-reader, Fire tablet, Fire TV, and Echo.

 

Short History of Amazon.com, Inc:

 

  • July 1994 – Jeff Bezos founded Amazon as an online bookstore.
  • 1997 – Amazon went public on the NASDAQ.
  • 2006 – AWS was launched, providing IT infrastructure services to businesses in the form of web services, now known as cloud computing.
  • 2007 – The release of the first Kindle e-reader revolutionized how consumers read books.
  • 2015 – Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.
  • 2021 – Andy Jassy, former CEO of AWS, succeeded Bezos as the CEO of Amazon.

Key Executives:

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