- Business
- Amazon.com, Inc. (NASDAQ: AMZN) operates as a multinational technology company focused on e-commerce, cloud computing, digital streaming, online advertising, and artificial intelligence, offering consumer products through online and physical stores worldwide; core products and services include merchandise across categories such as electronics, apparel, books, groceries via Whole Foods Market, media content through Prime Video, Amazon Music, Audible, and Twitch; advertising solutions; subscription services like Amazon Prime and Kindle Unlimited; hardware including Echo smart speakers, Kindle e-readers, Fire tablets, and Ring security devices; and Amazon Web Services (AWS) providing cloud infrastructure, storage, computing, and AI tools like Nova models and Graviton processors. Founded in 1994 and headquartered in Seattle, Washington, the company serves customers in North America, Europe, Asia, Africa, and other regions through country-specific platforms and operates subsidiaries including Zoox for autonomous vehicles, Kuiper Systems for satellite internet, and Amazon MGM Studios for film and television production. Recent developments encompass the expansion of low-cost e-commerce platform Amazon Bazaar (known as Haul in the U.S.) to 14 new international markets including Nigeria, the Philippines, and Argentina in November 2025 to target budget-conscious consumers; a multi-billion-dollar deal with OpenAI for AWS to provide infrastructure including Nvidia GPUs; strategic alliances such as with Jabil for global procurement solutions and AT&T Business for joint offerings; the acquisition of Perceive for $80 million in August 2024 to bolster AI capabilities; announcements at AWS re:Invent 2025 of new AI innovations including Amazon Bedrock AgentCore and Trainium3; a planned $1.9 billion investment in its North America Delivery Service Partner program; and plans to expand its delivery network potentially reducing reliance on the U.S. Postal Service partnership while announcing a 14,000-job corporate workforce reduction in October 2025.