AMZN - 10 things to know with detail
- 1. Amazon (AMZN) is an American multinational technology company founded by Jeff Bezos in 1994. It started as an online bookstore but has since expanded into various other product categories and services.
- 2. Amazon is one of the largest e-commerce companies in the world, with a market capitalization of over $1.5 trillion as of 2021. It is also one of the Big Five tech companies, along with Google, Apple, Facebook, and Microsoft.
- 3. In addition to its e-commerce platform, Amazon offers a wide range of services, including Amazon Web Services (AWS), which is a cloud computing platform that provides computing power, storage, and other services to businesses and individuals.
- 4. Amazon Prime is a subscription service offered by Amazon that provides members with benefits such as free two-day shipping on eligible items, access to Prime Video streaming service, and exclusive deals and discounts.
- 5. Amazon has a strong presence in the digital content market, with offerings such as Kindle e-readers, Fire tablets, and Fire TV streaming devices. It also produces original content for its Prime Video service, including TV shows and movies.
- 6. Amazon has a significant logistics and fulfillment network, with warehouses and distribution centers located around the world. This enables the company to offer fast and reliable shipping to customers, as well as support for third-party sellers on its platform.
- 7. Amazon has faced criticism for its treatment of workers, with reports of poor working conditions in its warehouses and fulfillment centers. The company has also been accused of anti-competitive practices and unfair treatment of third-party sellers on its platform.
- 8. Despite these controversies, Amazon has continued to grow and expand its business, entering new markets such as grocery delivery and healthcare. The company is also investing in emerging technologies such as artificial intelligence and robotics to improve its operations.
- 9. Amazon's stock price has seen significant growth over the years, making it one of the most valuable companies in the world. The company is listed on the NASDAQ stock exchange under the ticker symbol AMZN.
- 10. Amazon is constantly innovating and expanding its offerings to stay competitive in the rapidly evolving tech industry. With its vast resources and customer base, the company is well-positioned to continue its growth and success in the future.