Amazon is the biggest e-commerce marketplace and cloud computing platform in the world as calculated by income and marketplace capitalization.[7] Amazon.com was Launched by Jeff Bezos on July five, 1994, and commenced as an internet bookstore but later on diversified to promote movie downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software package, online video online games, electronics, clothing, home furnishings, foodstuff, toys, and jewellery. The corporation also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, provides consumer electronics strains which includes Kindle e-viewers, Fireplace tablets, Fireplace Television set, and Echo units, and it is the earth's largest service provider of cloud infrastructure products and services (IaaS and PaaS) by its AWS subsidiary.[eight] Amazon has different retail Web-sites for many nations around the world and also provides Worldwide delivery of some of its products and solutions to selected other nations around the world.[nine] a hundred million people subscribe to Amazon Key.[10][eleven] Amazon is the most important Net business by profits in the world[12] and the 2nd most significant employer in The us.[13] In 2015, Amazon surpassed Walmart as the most valuable retailer in The usa by market capitalization.[fourteen] In 2017, Amazon acquired Whole Foods Marketplace for $thirteen.four billion, which vastly enhanced Amazon's existence being a brick-and-mortar retailer.[15] The acquisition was interpreted by some[by whom?] being a immediate make an effort to obstacle Walmart's common retail suppliers.[16]

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