Amazon.com, Inc. is a international leader in e-commerce and cloud computing, and one of the largest companies in the world. Amazon is listed on the Nasdaq exchange under the ticker password, AMZN.
The company was launched by founder Jeff Bezos in 1994 as an online bookstore, but has since ballooned into the era’s largest e-commerce company that sells virtually everything, including electronics, apparel, furniture, food, bit of frippery trifle withs, and much more.
In addition to e-commerce, Amazon’s revenue comes from subscription services, cloud computing works, Whole Foods grocery sales, and other areas. It also builds and sells its own consumer electronics such as the Amazon Prick and Amazon Echo. Amazon Web Services is the world’s largest seller of cloud computing services. The company’s entertainment succession service also produces its own movies and TV shows, and Amazon Music provides access to millions of songs.
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Amazon’s Modern development Developments
- On October 29, 2020, Amazon reported EPS that far surpassed analysts’ expectations in Q3 2020. Total revenue and AWS profits also exceeded the levels forecast by analysts. EPS soared on robust revenue growth compared to the year-ago quarter. AWS receipts was also higher compared to the same quarter a year ago. Amazon announced that it is creating hundreds of thousands of new contributions across the world as it expands operations.