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Do you know the monster Amazon markets?

Do you know the monster Amazon markets?

Amazon is one of the most well-known and successful companies in the world. Founded by Jeff Bezos in 1994, Amazon is a global e-commerce and technology powerhouse. From humble beginnings as an online bookstore, Amazon has grown to offer customers a wide variety of products and services, from groceries to streaming services. Amazon‘s industry-leading customer service, fast delivery times, and competitive prices have helped them become one of the world’s most successful companies. Amazon also has a strong focus on innovation and technology, with initiatives such as Amazon Web Services, Alexa, and Echo making them a leader in the tech world. Amazon’s success has inspired countless other companies to take up similar business models and strategies, helping to create a new digital economy.

Founder of Amazon

Jeffrey Bezos, born in Albuquerque, New Mexico on January 12, 1964, is an American entrepreneur, manufacturer, media proprietor, and billionaire.

He is best known as the founder, majority shareholder, and chairman and chief executive officer (CEO) of Amazon until 2021, where he still serves as chairman of the board of directors1. He is also the creator of Blue Origin, a space firm that provides access to space for space tourism.

How much is the wealth of the giant Amazon?

Forbes magazine ranks the world’s first wealth as of July 25, 2021, with assets valued at $209.2 billion in US dollars.

Amazon‘s evolution from a simple Internet site to a true development platform, and then to an e-commerce partner, is governed by the company’s innovative spirit. The brightest and most experienced people come to Amazon to research, invent, and develop solutions that will improve the experience of buyers and sellers all across the world.

Amazon aspires to be the world’s most customer-friendly firm, where everyone can find what they want to buy online. Amazon continues to expand and evolve as an international e-commerce site by giving customers more than they desire – low pricing, a large assortment of products.

Global and technology strategy

One of Amazon‘s major worries is the conditions and delivery costs of its products. The goal is to shorten the time between a client placing an order on the platform and receiving the purchased item.

Amazon launched GovCloud, a Cloud service exclusively for US government agencies, in 2011.

Furthermore, the company is now piloting a new taxi delivery service in California using the Flywheel33 cab ordering app. The idea is simple: Amazon calls a cab to deliver ten things within an hour. The goal of this maneuver is to reduce delivery costs, display greater flexibility, deliver promptly, and gain a competitive advantage in the “hunt” for same-day delivery.

Presence in the world

In 2017, the company employed 541 900 people worldwide and had established, in addition to the original American site (opened on July 16, 1995), specific sites for Germany (15 October 1998), the United Kingdom (15 October 1998), France (31 August 2000), Japan (31 October 2000), Canada (25 June 2002), China (7 September 2004), Italy (23 November 2010), Spain (14 September 2011), India (2 February 2012), Brazil (6 December 2012), and Mexico (2 February 2013). (ouvert le 27 juillet 2017 ).

Goods and services

  • Amazon Dash
  • AmazonFresh (en)
  • Amazon Prime
  • Amazon Web Services
  • Alexa
  • Amazon Appstore
  • Amazon Drive (en)
  • Echo
  • Kindle
  • Fire tablets
  • Amazon Fire TV
  • Prime Video
  • Kindle Store (en)
  • Amazon Music
  • Amazon Music Unlimited (en)
  • Amazon Digital Game Store (en)
  • Amazon Studios
  • Amazon Luna

Source

How Amazon’s workforce exploded

With the health issue forcing many organizations to postpone or even slash positions, Amazon has witnessed an extraordinary flood of recruitment. In 2020, the e-commerce behemoth added more than 500,000 full-time and part-time positions, with 170,000 more added in the first nine months of 2021. The company’s global staff has roughly doubled in the last two years.

With approximately 1.5 million employees, Amazon is “just” the second American firm to employ more than a million people globally (excluding McDonald’s franchise employees). The largest private company is still retail giant Walmart, which employs 2.2 million people. However, with its expansion showing no signs of slowing, Amazon could possibly overtake Google in the not-too-distant future (source).

Conclusion

Amazon is an incredible success story that has revolutionized the e-commerce and technology industries. Their innovative products and services, competitive prices, and exceptional customer service have helped make them one of the world’s top companies. Amazon’s success has also inspired other companies to incorporate similar strategies, creating a new digital economy. Amazon has become a leader in the tech world and is sure to continue to shape the future of technology and commerce.

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