amazon.com inc

Amazon.com, Inc (NASDAQ: AMZN) is an American multinational technology company based in Seattle, Washington that focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. It is one of the Big Four tech companies alongside Apple Inc., Google LLC and Microsoft Corporation. The company was founded by Jeff Bezos in 1994 and went public two years later. Amazon has since grown to become the world’s largest online marketplace as well as one of the most valuable publicly traded companies in history with a market capitalization exceeding $1 trillion USD as of December 2020 .

As part of its core business operations, Amazon operates retail websites for consumer products such as books, music CDs or DVDs; it also offers other services like web hosting and video streaming through its subsidiaries including IMDb TV and Twitch Prime Video service among others. Additionally Amazon owns over 40 subsidiaries including Whole Foods Market chain stores which provide groceries at competitive prices across multiple states within America; Audible which provides audiobooks; Alexa Internet providing analytics services related to website traffic data etcetera

In recent times , Amazon has diversified into many more industries ranging from healthcare (through PillPack acquisition), logistics & transportation(via purchase of Middle Eastern delivery giant Souq )to entertainment & sports through ownership stakes in various entities such NBA team Philadelphia 76ers , UFC mixed martial arts fighting league etc

To date , Amazon remains a leader both domestically within US -by capturing 49% share of total eCommerce sales during 2019 according to statista report ; but it continues to expand globally too targeting countries like India where recently invested Rs 20500 crore ($2 Billion US Dollars) towards strengthening local presence .

As per June 2020 statistics published by Forbes magazine , there are 1 million+ active sellers who use amazon platform daily while 500000+ reviews were posted every day ; making this behemoth amongst leading platforms around globe enabling numerous entrepreneurs/startups build their businesses successfully over past few decades Ultimately known for customer centric culture that puts user experience first when introducing any new product or feature makes them stand out against competition allowing them remain dominant force even after 25 plus years since inception