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Amazon( Amazon.com , Inc. operates as an American e-commerce and cloud computing company headquartered in Seattle, Washington, D.C., founded by Jeff Bezos on July 5, 1994. The technology giant is the world's largest Internet retailer by revenue and market value, second only to Alibaba Group in total sales. amazon.com The website started as an online bookstore, and then diversified into selling video downloads / streams, MP3 downloads / streams, audiobook downloads / streams, software, video games, electronic products, clothing, furniture, food, toys and jewelry. The company also produces consumer electronics such as Kindle e-readers, fire tablets, fire TV and echo, and is the world's largest provider of cloud infrastructure services (IAAs and PAAS). Amazon also sells some low-end products under its internal brand, Amazon basics.
Amazon has separate retail sites in the US, UK and Ireland, France, Canada, Germany, Italy, Spain, the Netherlands, Australia, Brazil, Japan, China, India and Mexico. In 2016, Dutch, polish and Turkish versions of the German Amazon website were also released. Amazon also provides international transportation of certain products to certain other countries.
In 2015, Amazon surpassed Wal Mart in market value and became the most valuable retailer in the United States. Amazon is the world's second most valuable listed company (after Apple), the world's largest Internet company in terms of revenue, and second only to Wal Mart (the second largest employer in the United States). In 2017, Amazon acquired the whole foods market with us $13.4 billion, which greatly increased Amazon's position as a physical retailer. Some have interpreted the acquisition as a direct challenge to Wal Mart's traditional retail stores. In 2018, Jeff Bezos first published the number of Amazon Prime subscribers in Amazon's shareholder letter, which is 100 million, accounting for 64% of the total number of American households.
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