Amazon.com Inc. is a global services conglomerate, founded in 1994 by Jeff Bezos in the United States.
Originally launched as an online bookstore, Amazon has since evolved into one of the largest and most influential marketplaces and technology companies in the world.
The company’s name was inspired by the Amazon River, reflecting Bezos's vision of building a vast, global enterprise with unparalleled reach and impact.
Operating within the Services sector, specifically in Retail (Catalog and Mail Order), Amazon offers both first-party and third-party products on its platform, along with a diversified portfolio of services, including:
- Amazon Prime: A subscription-based service offering free shipping, video streaming via Prime Video, music via Prime Music, and other member benefits.
- Amazon Web Services (AWS): The company’s cloud computing division and a global market leader in infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions.
- Consumer Electronics: Includes devices like the Kindle e-reader, Echo smart speakers, Fire TV, and the voice assistant Alexa.
- Grocery & Physical Retail: Amazon owns Whole Foods Market and has launched Amazon Go stores, which use cashierless checkout technology to streamline in-store shopping.
Amazon has a global footprint, with operations across North America, Europe, Asia, and Latin America. Its business model is driven by diversification, customer-centric innovation, and a logistics infrastructure comprising fulfillment centers, physical stores, data centers, and delivery hubs.
The company’s scale, supported by millions of customers and a vast ecosystem of third-party sellers, allows it to remain at the forefront of e-commerce, cloud computing, and retail innovation.
Amazon.com Inc. is listed on the Nasdaq Stock Market under the ticker AMZN.
History and Founding of Amazon
Amazon was founded in 1994 in Seattle, Washington, by Jeff Bezos, a former Wall Street analyst and hedge fund executive. Initially operating out of Bezos’s garage, the company started as an online bookstore delivering directly to consumers.
Following rapid early growth, Amazon went public in 1997, raising capital through an initial public offering (IPO) on the Nasdaq to fund its expansion.
In the early 2000s, Amazon launched its third-party marketplace, enabling external sellers to list and sell products on the platform, expanding product offerings and creating a new revenue stream.
In 2005, Amazon introduced Amazon Prime, a subscription program that transformed online shopping by offering free two-day shipping and exclusive digital content, significantly boosting customer loyalty.
In 2006, Amazon entered the cloud computing space with the launch of Amazon Web Services (AWS), which now powers a large share of the internet and serves enterprises globally with scalable, secure cloud solutions.
The company expanded into hardware in 2007 with the launch of the Kindle, a pioneering e-reader that helped define the e-book market.
In 2017, Amazon acquired Whole Foods Market for $13.7 billion, marking a major entry into the grocery and physical retail segment and reinforcing its omnichannel strategy.
Leadership transitioned in 2021 when Andy Jassy, the former CEO of AWS, succeeded Jeff Bezos as Chief Executive Officer, as Bezos shifted to the role of Executive Chairman.
Between 2020 and 2024, Amazon continued investing heavily in areas such as artificial intelligence, automated logistics, autonomous delivery systems, and frictionless retail technologies, solidifying its position as one of the most influential companies in the global economy.
Additional Information
The Company Amazon.com Inc (United States), is listed on Nasdaq with a market cap of $ 2.36 Trillions, having an equity of $ 369.63 Billions.
With a total of 798.000 employees, the company is listed in the sector of Services and categorized in industry of Retail (Catalog & Mail Order).
In the last 12 months the Company had a revenue of $ 691.33 Billions, which generated a profit in the amount of $ 76.48 Billions.
As for its main indicators, the Company has a P/E ratio of 30.80, a P/BV ratio of 6.37 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker AMZN.