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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]
In 2001, the dot-com bubble burst, destroying many e-companies in the process, but Amazon survived and moved forward beyond the tech crash to become a huge player in online sales. The company finally turned its first profit in the fourth quarter of 2001: $0.01 (i.e., 1¢ per share), on revenues of more than $1 billion.
Amazon Supply was developed based on experience operating Smallparts.com, acquired in 2005. [79] On April 28, 2015, the limited-scope service was replaced with Amazon Business. [80] Amazon Business is a service that provides registered business owners with a consolidated platform for buying products and supplies from Amazon.
Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American conglomerate 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]
Amazon is the Internet company with the highest revenue, at $469.82 billion in 2021. [1] [2]This is a list of Internet companies by revenue and market capitalization.The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion.
Amazon.com: The company's stock fell over 90% across two years, from a high of US$107 to a low of US$7. [2] Amazon stock briefly recovered in 2007, but again dropped in the 2008 market crash and did not recover until 2010. [3] Beenz.com: A website where digital currency called Beenz was earned by shopping online, visiting websites etc.
Amazon Alexa, or, Alexa, [2] is a virtual assistant technology largely based on a Polish speech synthesizer named Ivona, bought by Amazon in 2013. [3] [4] It was first used in the Amazon Echo smart speaker and the Amazon Echo Dot, Echo Studio and Amazon Tap speakers developed by Amazon Lab126.
In March 2016, Amazon unveiled the original Amazon Echo Dot, [51] which is a hockey puck-sized version of the Echo designed to be connected to external speakers due to the smaller size of the onboard speakers, or to be used in rooms such as the bedroom as an alternative to the full-sized Echo. Despite its smaller form factor, the Amazon Echo ...