AMZN
- Amazon.com, Inc.
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Overview
Company Summary
Amazon.com, Inc., commonly known as Amazon, is a multinational technology company that primarily operates as an online retailer. Founded by Jeff Bezos in 1994, the company initially started as an online marketplace for books but has since expanded to offer a wide range of products and services.
At its core, Amazon is one of the world's largest e-commerce platforms, selling a vast selection of goods, including electronics, apparel, furniture, household items, and much more. Customers can browse and purchase products on Amazon's website or through its mobile app, and the company delivers these items directly to their doorstep.
In addition to being an online retailer, Amazon has expanded into various other business segments. One of its most significant ventures is Amazon Web Services (AWS), a cloud computing platform offering a range of services, including computing power, storage, and databases. AWS is widely adopted by individuals, businesses, and governments worldwide, providing them with the infrastructure needed to run their digital operations.
Amazon has also entered the entertainment industry with Amazon Prime, a subscription-based service that offers streaming of movies, TV shows, music, and video games. Prime Video, the streaming platform, produces original content alongside licensing popular movies and TV shows from various studios.
Furthermore, Amazon has branched out into the production and sale of consumer electronics, such as the Kindle e-reader, Fire tablets, Fire TV streaming devices, and Echo smart speakers. These products integrate with Amazon's digital ecosystem and make it easier for customers to access Amazon's services.
Overall, Amazon's primary goal is to be the "Earth's most customer-centric company" by providing a wide range of products, excellent customer service, and innovative technologies to enhance the shopping experience. Its expansive product portfolio, along with its focus on convenience and competitive pricing, has made it a dominant force in the e-commerce industry and a significant player in various other sectors.