Incorporation year : 1994
Headquarter : Seattle, Washington, U.S.
Founders : Jeff Bezos
Present Head (CEO) : Jeff Bezos
Chief Financial Officer : Brian T. Olsavsky
Company Introduction
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington, which
focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of
the Big Four companies in the U.S. information technology industry, along with Google, Apple, and Facebook.
The company has been referred to as "one of the most influential economic and cultural forces in the world", as
well as the world's most valuable brand.
Amazon is known for its disruption of well-established industries through technological innovation and mass
scale. It is the world's largest online marketplace, AI assistant provider, live-streaming platform and cloud
computing platform as measured by revenue and market capitalisation. Amazon is the largest Internet company
by revenue in the world. It is the second largest private employer in the United States and one of the world's
most valuable companies.
Company History
Jeff Bezos founded Amazon in July 1994 as an online book store to buy and rent books. He chose Seattle
because of technical talent as Microsoft is located in Seattle. The company began selling music and videos in
1998, at which time it began operations internationally by acquiring online sellers of books in United Kingdom
and Germany. The following year, the organization also sold video games, consumer electronics, home-
improvement items, software, games, and toys in addition to other items.
The company invested heavily in cloud computing and artificial intelligence, and rose to become one of the
most valuable companies in the world.
Amazon’s operations in India
Year of Operations : 2012 - 2013
Headquarter : Hyderabad, India
Present Head (CEO) : Amit Agarwal
Chief Financial Officer : Raghava Rao
Philosophy
Vision: We aim to be Earth's most customer centric company
Mission : To continually raise the bar of the customer experience by using the internet and technology to help consumers
find, discover and buy anything, and empower businesses and content creators to maximise their success.
Portfolio of Company; Products and Services it offers
Amazon.com's product lines available at its website include several 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 supplies, kitchen items, jewelry, watches, lawn
and garden items, musical instruments, sporting goods, tools, automotive items and toys & games. It has the
following services for its customers;
♦ AmazonFresh
♦ Amazon Prime
♦ Amazon Web Services
♦ Alexa
♦ Appstore
♦ Amazon Drive
♦ Echo
♦ Kindle
♦ Fire tablets
♦ Fire TV
♦ Video
♦ Kindle Store
♦ Music
♦ Music Unlimited
♦ Amazon Digital Game Store
♦ Amazon Studios
♦ AmazonWireless
Business in News
♦ Amazon ranked 2nd on Fortune 500 Companies List in 2020.
♦ Amazon ranked 22nd on Forbes World's Largest Public Corporations List 2020.
♦ #1 American Customer Satisfaction Index Internet Retail Category, 2020, Ranked in the top 10, eleven
years running
♦ #1 BrandZ Most Valuable Global Brand, 2019-2020
♦ #2 Fortune World’s Most Admired Companies, 2017-2020
♦ Jeff Bezos is currently the richest person in the world with a personal wealth of over $175 Billion.
(www.bbc.com)
Source : wikipedia.org and www.aboutamazon.com/our-company/select-awards-and-recognition