(Company Information as of 8/2/21)
CEO: Andrew R. Jassy
Amazon is an American multinational tech company that primarily focuses on cloud computing, e-commerce, artificial intelligence and digital streaming. The retail company has been referred to as "one of the most influential economic and cultural forces in the world" alongside stating it to be one of the most valuable brands of the world. The company was first founded on the 5th of July, 1994 by Jeff Bezos from his garage in Bellevue, Washington. Initially, it started as a store for books. Later, it expanded its business to electronics, video games, apparels, softwares, food, toys, furniture and jewelry. Unlike most of the other retailing platforms, the e-tailer has an OTT platform “Amazon Prime” with the Prime Delivery features on orders for premium customers. These services have earned the company 50 million subscribers with each passing year. Currently, it boasts over 200 million global customers. The CEO stepped down from his position and handed it over to Andy Jassy in the second half of 2021.