Amazon is the most important e-commerce Market and cloud computing platform in the world as measured by earnings and market capitalization.[seven] Amazon.com was founded by Jeff Bezos on July 5, 1994, and started as a web-based bookstore but afterwards diversified to offer online video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, program, online video games, electronics, clothing, furnishings, food, toys, and jewelry. The corporate also owns a publishing arm, Amazon Publishing, a movie and tv studio, Amazon Studios, provides client electronics lines which include Kindle e-viewers, Fireplace tablets, Fire Tv set, and Echo equipment, which is the world's most significant company of cloud infrastructure expert services (IaaS and PaaS) by way of its AWS subsidiary.[8] Amazon has individual retail Internet sites for some nations around the world and also offers Intercontinental shipping of a number of its products to specific other international locations.[nine] a hundred million men and women subscribe to Amazon Primary.[ten][eleven] Amazon is the largest World wide web organization by revenue on the planet[12] and the next major employer in America.[thirteen] In 2015, Amazon surpassed Walmart as the most useful retailer in the United States by marketplace capitalization.[14] In 2017, Amazon acquired Entire Foods Market for $thirteen.four billion, which vastly greater Amazon's existence to be a brick-and-mortar retailer.[15] The acquisition was interpreted by some[by whom?] being a immediate attempt to challenge Walmart's classic retail outlets.[16]

amazon selling digital products