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Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n / ⓘ, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
Amazon's core e-commerce business already generates more than $300 billion in net sales per year. The run rate of its cloud computing platform, Amazon Web Services (AWS), surpassed $100 billion in ...
GOBankingRates’ Evaluation of Amazon’s Net Worth. $438.118B. 52-week-range data is accurate as of Aug. 1, 2022. ... Amazon’s core e-commerce business and logistics ability are economic moats ...
Revenue in Amazon’s core e-commerce business grew 8% to $61.4 billion on the back of a wider selection of lower-priced goods and the company’s fall sale event for Prime members. Jassy said the ...
Amazon launches Amazon Elastic Compute Cloud (EC2), which forms a central part of Amazon.com's cloud-computing platform, Amazon Web Services (AWS), by allowing users to rent virtual computers on which to run their own computer applications. The service initially includes machines (instances) available for 10 cents an hour, and is available only ...
Amazon's core businesses are warming up again. Amazon still generates most of its revenue from its e-commerce marketplaces, but most of its profits come from AWS' higher-margin business ...
On April 28, 2015, the limited-scope service was replaced with Amazon Business. [80] Amazon Business is a service that provides registered business owners with a consolidated platform for buying products and supplies from Amazon. Business users have access to shipping benefits, discounts on eligible products, purchase analytics, and price ...
E-commerce remains Amazon's core business, and it's still growing. E-commerce is also increasing as a percentage of retail sales, expected to reach 41% of sales, up from 18% in 2017, according to ...