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Amazon
Amazon.com, Inc.
Amazon logo.svg
Amazon Spheres 05.jpg
The Amazon Spheres, part of the Amazon headquarters campus in Seattle
Trade name
Amazon
Formerly
Cadabra, Inc. (1994–95)
Type
Public
Traded as
NASDAQ: AMZN
NASDAQ-100 component
S&P 100 component
S&P 500 component
ISIN
US0231351067
Industry
Cloud computing
E-commerce
Artificial intelligence
Consumer electronics
Digital distribution
Grocery stores
Founded
July 5, 1994; 25 years ago in Bellevue, Washington, United States
Founder
Jeff Bezos
Headquarters
Seattle, Washington, United States
Area served
Worldwide
Key people
Jeff Bezos (chairman, president and CEO)
Werner Vogels (CTO)
Products
Amazon EchoAmazon FireAmazon Fire TVAmazon Fire OSAmazon Kindle
Services
Amazon.comAmazon AlexaAmazon AppstoreAmazon MusicAmazon PrimeAmazon Prime VideoAmazon Web Services
Revenue
Increase US$280.522 billion (2019)
Operating income
Increase US$14.541 billion (2019)
Net income
Increase US$11.588 billion (2019)
Total assets
Increase US$225.248 billion (2019)
Total equity
Increase US$62.060 billion (2019)
Number of employees
Increase 798,000 (2019)[1]
Website
www.amazon.com
Amazon is known for its disruption of well-established industries through technological innovation and mass scale.[13][14][15] It is the world's largest online marketplace, AI assistant provider, and cloud computing platform[16] as measured by revenue and market capitalization.[17] Amazon is the largest Internet company by revenue in the world.[18] It is the second largest private employer in the United States[19] and one of the world's most valuable companies.
Amazon was founded by Jeff Bezos in Bellevue, Washington, in July 1994. The company initially started as an online marketplace for books but later expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.[20] In 2017, Amazon acquired Whole Foods Market for US$13.4 billion, which vastly increased Amazon's presence as a brick-and-mortar retailer.[21] In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.