Amazon
v Amazon (company)
Amazon.com, Inc. (/ˈæməˌzɒn/), is AN yankee international technology company based mostly in city, Washington that focuses in e-commerce, cloud computing, and AI.
Amazon is that the largest e-commerce marketplace and cloud computing platform within the world as measured by revenue and capitalization. Amazon.com was supported by Jeff Bezos on July five, 1994, and started as a web shop however later varied to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, physics, apparel, furniture, food, toys, and jewelry. The company conjointly owns a business arm, Amazon publication, a movie and tv studio, Amazon Studios, produces shopper physical science lines together with Kindle e-readers, Fire tablets, Fire TV, and Echo devices, and is that the world's largest supplier of cloud infrastructure services (IaaS and PaaS) through its AWS subsidiary. Amazon has separate retail websites for a few countries and conjointly offers international shipping of a number of its product to bound different countries. one hundred million folks take Amazon Prime.
Amazon is that the largest web company by revenue within the world and therefore the second largest leader within the us. In 2015, Amazon surpassed Walmart because the dearest merchant in the us by capitalization. In 2017, Amazon noninheritable Whole Foods marketplace for $13.4 billion, that immensely inflated Amazon's presence as a brick-and-mortar merchant. The acquisition was understood by some [by whom?] as a right away commit to challenge Walmart's ancient retail stores.
In 1994, Jeff Bezos incorporated Amazon. In May 1997, the organization went public. The company began commerce music and videos in 1998, at which period it began operations internationally by feat on-line sellers of books in us and FRG. The following year, the organization conjointly sold-out video games, shopper physics, home-improvement things, software, games, and toys additionally to different things.
In 2002, the corporation started Amazon Web Services (AWS), which provided data on Web site popularity, Internet traffic patterns and other statistics for marketers and developers. In 2006, the organization grew its AWS portfolio once Elastic cipher Cloud (EC2), that rents pc process power also as straightforward Storage Service (S3), that rents data storage via the Internet, were made available. That same year, the corporate started Fulfillment by Amazon that managed the inventory of people and little corporations marketing their belongings through the corporate site. In 2012, Amazon bought Kiva Systems to change its inventory-management business, buying Whole Foods Market market chain 5 years later in 2017.
v Board of directors
As of March 2019, the board of directors is:
Jeff Bezos, President, CEO, and Chairman
Tom Alborg, Managing partner, Madrone Venture Group
Rosalind Brewer, Group President, and COO, Starbucks
Jamie Gorelick, partner, Wilmer monger Pickering Hale, and Dorr
Daniel P. Hutten ocher, Dean and Vice Provost, Cornell University
Judy McGrath, former CEO, MTV Networks
Indra Noori, former CEO, PepsiCo
Jon Rubinstein, former Chairman, and CEO, Palm, Inc.
Thomas O. Ryder, former Chairman, and CEO, Reader's Digest Association
Patty Stonesifer, President, and CEO, Martha's Table
Wendell P. Weeks, Chairman, President, and CEO, Corning Inc.
v Merchant partnerships
In 2000, U.S. toy merchant Toys "R" USA entered into a 10-year agreement with Amazon, valued at $50 million each year and a cut of sales, below that Toys "R" U.S.A. would be the exclusive provider of toys and baby merchandise on the service, and the chain's website would redirect to Amazon's Toys & Games category. In 2004, Toys "R" USA sued Amazon, claiming that due to a perceived lack of selection in Toys "R" US stock, Amazon had knowingly allowed third-party sellers to offer items on the service in classes that Toys "R" USA had been granted exclusivity. In 2006, a court dominated in favor of Toys "R" USA, giving it the proper to unwind its agreement with Amazon and establish its own freelance e-commerce web site. The company was later awarded $51 million in damages.
In 2001, Amazon entered into the same agreement with Borders cluster, beneath that Amazon would co-manage Borders.com as a co-branded service, Borders pulled out of the arrangement in 2007, with plans to also launch its own online store.
On October eighteen, 2011, Amazon.com declared a partnership with DC Comics for the exclusive digital rights to several common comics, together with Superman, Batman, Green Lantern, The Sandman, and Watchmen. The partnership has caused well-known bookstores like Barnes & Noble to remove these titles from their shelves.
In November 2013, Amazon declared a partnership with the us post to start delivering orders on Sundays. The service, enclosed in Amazon's normal shipping rates, initiated in metropolitan areas of Los Angeles and New York because of the high-volume and inability to deliver in a timely way, with plans to expand into city, Houston, city and Phoenix by 2014.
In June 2017, Nike confirmed a "pilot" partnership with Amazon to sell merchandise directly on the platform.
As of October 11, 2017, Amazon Fresh sells a range of Booths branded products for home delivery in selected areas.
In September 2017, Amazon ventured with one of its seller’s JV Apparel Retail owned by Patni Group which has recorded a total income of US$ 104.44 million (₹ 759 crore) in financial year 2017–18.
In November 2018, Amazon reached an agreement with Apple Inc. to sell chosen merchandise through the service, via the company and selected Apple Authorized Resellers. As a result of this partnership, only Apple Authorized Resellers may sell Apple products on Amazon effective January 4, 2019.
v Products and services
Armónico’s product lines offered at its web site embody many media (books, DVDs, music CDs, videotapes and software), apparel, baby products, consumer electronics, beauty products, gourmet food, groceries, health and personal-care items, industrial & scientific provides, room things, jewelry, watches, field and garden things, musical instruments, equipment, tools, automotive things and toys & games.[citation needed]
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