Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5,1994.
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37 Facts About Amazon (company)
2.
Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and "aggressive" reinvestment of profits into capital expenditures.
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3.
Amazon has been criticized for customer data collection practices, a toxic work culture, tax avoidance, and anti-competitive behavior.
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4.
Amazon was founded in July 1994 by Jeff Bezos, who chose the Seattle area for its abundance of technical talent, as Microsoft was in the area.
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5.
In 2006, Amazon launched the Fulfillment by Amazon program, which allowed individuals and small companies to sell products through Amazon's warehouses and fulfillment infrastructure.
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7.
Amazon introduced temporary restrictions on the sale of non-essential goods, and hired 100,000 more staff in the US and Canada.
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8.
On February 2,2021, Amazon announced that Jeff Bezos would step down as CEO to become executive chair of Amazon's board in Q3 of 2021.
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9.
In 2001, Amazon entered into a similar agreement with Borders Group, under which Amazon would comanage Borders.
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10.
In November 2013, Amazon announced a partnership with the United States Postal Service to begin delivering orders on Sundays.
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11.
The service, included in Amazon's standard shipping rates, initiated in metropolitan areas of Los Angeles and New York because of the high-volume and inability to deliver in a timely way, with plans to expand into Dallas, Houston, New Orleans and Phoenix by 2014.
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12.
In November 2018, Amazon reached an agreement with Apple Inc to sell selected products through the service, via the company and selected Apple Authorized Resellers.
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13.
Amazon sells many products under its own brand names, including phone chargers, batteries, an diaper wipes.
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14.
Amazon derives many of its sales from third-party sellers who sell products on Amazon.
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15.
Some other large e-commerce sellers use Amazon to sell their products in addition to selling them through their websites.
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16.
Publishers can signup as affiliates and receive a commission for referring customers to Amazon by placing links to Amazon on their websites if the referral results in a sale.
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17.
Amazon allows users to submit reviews to the web page of each product.
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18.
Amazon provides a badging option for reviewers which indicates the real name of the reviewer or which indicates that the reviewer is one of the top reviewers by popularity.
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19.
In 2010, Amazon was reported as being the largest single source of Internet consumer reviews.
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20.
When publishers asked Bezos why Amazon would publish negative reviews, he defended the practice by claiming that Amazon.
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21.
However, Amazon has now begun to release point of sale data via the Nielsen BookScan service to verified authors.
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22.
In November 2015, Amazon opened a physical Amazon Books store in University Village in Seattle.
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23.
In June 2018, it was reported that Amazon planned to open brick and mortar bookstores in Germany.
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24.
In 2020, Amazon Fresh opened several physical stores in the US and the United Kingdom.
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25.
In September 2020, Amazon launched Luxury Stores on its mobile app, where Oscar de la Renta become the first and only label to partner with the firm.
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26.
Amazon has a number of products and services available, including its digital assistant Alexa, Amazon Music and Prime Video for music and videos respectively, the Amazon Appstore for Android apps, and its Kindle hardware line of e-readers and tablets.
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27.
In September 2021, Amazon announced the launch of Astro, its first household robot, powered by its Alexa smart home technology.
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28.
Amazon owns over 40 subsidiaries, including Amazon Web Services, Audible, Diapers.
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29.
Amazon Web Services is a subsidiary of that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis.
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30.
Amazon has investments in renewable energy and plans to expand its position into the Canadian market through an investment in a new plant in Alberta.
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31.
Amazon directly employs people to work at its warehouses, bulk distribution centers, staffed "Amazon Hub Locker+" locations, and delivery stations where drivers pick up packages.
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33.
Amazon has several types of distribution facilities consisting of cross-dock centers, fulfillment centers, sortation centers, delivery stations, Prime now hubs, and Prime air hubs.
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34.
In September 2006, Amazon launched a program called FBA whereby it could handle storage, packing and distribution of products and services for small sellers.
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35.
Amazon read many emails addressed by customers to his public email address.
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36.
In December 2011, Amazon faced a backlash from small businesses for running a one-day deal to promote its new Price Check app.
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37.
In 2019, Amazon banned selling skin-lightening and racist products that might affect the consumer's health.
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