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Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n / ⓘ, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
The record operating profit was just one highlight from a blockbuster fourth-quarter earnings report that sent Amazon shares up more than 8% in after-hours trading.
Amazon is known to remove products for trivial policy violations by third-party sellers which compete with Amazon's home-grown brands. To compete for product placement where Amazon's own brands are featured prominently, third-party sellers often list themselves with Amazon's Prime program; this increases costs, shrinking profit margins. [38]
Amazon began search for Amazon HQ2, a second company headquarters to house up to 50,000 employees. [149] [150] 2018 January 18 Company Amazon narrows down the choices of its second headquarters location to 20 places. [151] 2018 January 22 Company Amazon opens a cashier-less grocery store to the public. [152] 2018 September 19 International
Most of Amazon's operating profit still comes from its fast-growing cloud services division, Amazon Web Services (AWS). Revenue from AWS accelerated in 2024, as demand for AI services continued to ...
Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American technology company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
Image source: Getty Images. 8. Amazon. I like Amazon (NASDAQ: AMZN) because of its leadership in two growth businesses, e-commerce and cloud computing. They've helped the company generate billions ...
Responding to Amazon, Nancy Skinner said, "This is really about e-fairness. It's really to be fair and show our California Businesses that we're not hanging them out to dry." [ 26 ] According to the American Independent Business Alliance , the corporation has operations in at least seven California cities and should be forced to collect sales ...