Amazon is the most important e-commerce Market and cloud computing platform on earth as calculated by income and current market capitalization.[7] Amazon.com was Started by Jeff Bezos on July five, 1994, and started as an on-line bookstore but later on diversified to sell online video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, computer software, online video game titles, electronics, apparel, home furnishings, food items, toys, and jewelry. The company also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, generates shopper electronics lines which includes Kindle e-viewers, Hearth tablets, Fire Television, and Echo gadgets, and it is the entire world's greatest service provider of cloud infrastructure providers (IaaS and PaaS) as a result of its AWS subsidiary.[8] Amazon has individual retail Sites for some countries and also provides Worldwide delivery of a few of its products and solutions to particular other nations around the world.[nine] a hundred million individuals subscribe to Amazon Key.[ten][eleven] Amazon is the largest Web firm by profits on the earth[twelve] and the next largest employer in The usa.[13] In 2015, Amazon surpassed Walmart given that the most precious retailer in America by market capitalization.[14] In 2017, Amazon acquired Total Foods Market for $13.4 billion, which vastly elevated Amazon's presence as being a brick-and-mortar retailer.[15] The acquisition was interpreted by some[by whom?] to be a direct try to problem Walmart's standard retail merchants.[sixteen]

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