With technical advancement and mass size, Amazon is renowned for its disruption of well-.It is the world's largest online retailer, AI assistant provider, and cloud computing platform as measured by sales and market capitalization. Amazon is the world's largest sales-based Internet company. Jeff Bezos created Amazon in July 1994 in Bellevue, Washington.The business began as an online book store, but later grew to sell electronics, software, video games, clothes, furniture, food, toys, and jewelry. Amazon surpassed Walmart in 2015 by market capitalization as the most profitable retailer in the United States. In 2017, Amazon purchased Whole Foods Market. Amazon distributes film, music, and audiobook downloads and streams through its subsidiaries Prime Video, Amazon Music, and Audible.
Amazon also has an editing arm, Amazon Publishing, a film and television studio, Amazon Video, and Amazon Web Services, a cloud computing company. It manufactures consumer electronics like products such as Kindle e-readers, Fire tablets, Fire TV and Echo. In a Series .
Acquisitions by Amazon include the Bell, Twitch, Whole Foods Market and IMDb. The organization has been criticized for overreaching technical monitoring, a hyper-competitive and demanding work culture, tax evasion and anti-competitive practices among numerous controversies Merchant partnerships In 2000, U.S. toy store Toys "R" Us entered into a 10-year deal with Amazon, priced at $50 million a year with a price cut in which Toys "R" Us will be the sole distribution provider of toys and baby goods, and the website of the chain will be transferred to the Toys & Games division of Amazon.
Toys "R" Us sued Amazon in 2004, alleging this was due to a perceived lack of choice inToys "R" Us stock, Knowingly, Amazon had allowed third-party vendors to offer products on the
website in categories that were granted exclusivity to Toys "R" Us.A court ruled in favor of Toys "R" Us in 2006, allowing it the freedom to unwind its contract with Amazon and create its own independent e-commerce website.The company later received $51 million in damages. Amazon signed a similar contract with Borders Group in 2001, in which Amazon will comanage Borders.com as a co-branded service. In 2007, Borders pulled out of the deal, with plans to launch its own online store as well. Amazon.com announced a deal with DC Comics on 18 October 2011 for the exclusive
digital rights to several popular comics, including Superman, Batman, Green Lantern, The Sandman, and Watchmen.The relationship has contributed to the withdrawal of some titles from their shelves by well-known bookstores like Barnes & Noble. Products and servicesKey article: List of Amazon goods and services Amazon.com's product lines on its website include various media (books, DVDs, music CDs, videotapes and software), clothes, baby products, consumer electronics, beauty products, gourmet food, grocery stores, health and personal care items, industrial and science equipment, kitchen pieces, jewelry, watches, garden and lawn plants, musical instruments.
Amazon has different distribution websites for some countries and also provides international delivery of some of its goods to some other countriesAmazon.com, Inc.), with 750,000 employees, is an American multinational technology corporation headquartered in Seattle. It focuses on e-commerce, cloud computing, artificial intelligence, video streaming. This is considered one of the tech comp in Big Four .
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