It is the second-largest private employer in the United States. In 2021, it surpassed Walmart as the world's largest retailer outside of China, driven in large part by its paid subscription plan, Amazon Prime, which has over 200 million subscribers worldwide.
As of 2021, it is the world's largest Internet company, online marketplace, AI assistant provider, cloud computing platform, and live-streaming service as measured by revenue and market share. Īmazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale. Its acquisition of Whole Foods in August 2017 for US$13.4 billion substantially increased its footprint as a physical retailer. Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox ( autonomous vehicles), Kuiper Systems (satellite Internet), Amazon Lab126 (computer hardware R&D). Initially an online marketplace for books, it has expanded into a multitude of product categories: a strategy that has earned it the moniker The Everything Store. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft.Īmazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994.
It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. ( / ˈ æ m ə z ɒ n/ AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
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