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A strong finish to 2020 ushers in changes for 2021. Amazon Closes 2020 With Record Earnings, Starts New Year With Announcement That Jeff Bezos Is Stepping Down as CEO Skip to main content
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 logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American technology company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management ...
[4] [8] [3] In June 2020, Evans led the acquisition of her company by Amazon for US$1.3 billion. [9] [7] A Forbes analysis suggests that Evans' decision to pursue aggressive patent coverage in the mobility space led to Amazon's interest. [10] Evans will continue to manage the company as a stand-alone business post-acquisition. [11]
Bray called the firings "chickenshit" and said they were "designed to create a climate of fear" in Amazon warehouses. [315] In a Q1 2020 financial report, Jeff Bezos announced that Amazon expected to spend $4 billion or more (predicted operating profit for Q2) on COVID-19 issues: personal protective equipment, higher wages for hourly teams ...
Andrew R. Jassy (born January 13, 1968) [5] is an American business executive who is the president and chief executive officer of Amazon.Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, [6] [7] Jassy had been the SVP and CEO of Amazon Web Services from 2003 to 2021.
Amazon also offers the Amazon Kindle for people to purchase their books as eBooks, and by 2010, more people buy ebooks than physical books from Amazon. 2011–2015: Amazon starts offering streaming services like Amazon Music and Amazon Video. By 2015, its market capitalization surpassed that of Walmart.