37 Facts About Amazon (company)


Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5,1994.

FactSnippet No. 1,885,577

Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and "aggressive" reinvestment of profits into capital expenditures.

FactSnippet No. 1,885,578

Amazon has been criticized for customer data collection practices, a toxic work culture, tax avoidance, and anti-competitive behavior.

FactSnippet No. 1,885,579

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.

FactSnippet No. 1,885,580

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.

FactSnippet No. 1,885,581

Amazon purchased the Whole Foods Market supermarket chain in 2017.

FactSnippet No. 1,885,582

Amazon introduced temporary restrictions on the sale of non-essential goods, and hired 100,000 more staff in the US and Canada.

FactSnippet No. 1,885,583

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.

FactSnippet No. 1,885,584

In 2001, Amazon entered into a similar agreement with Borders Group, under which Amazon would comanage Borders.

FactSnippet No. 1,885,585

In November 2013, Amazon announced a partnership with the United States Postal Service to begin delivering orders on Sundays.

FactSnippet No. 1,885,586

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.

FactSnippet No. 1,885,587

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.

FactSnippet No. 1,885,588

Amazon sells many products under its own brand names, including phone chargers, batteries, an diaper wipes.

FactSnippet No. 1,885,589

Amazon derives many of its sales from third-party sellers who sell products on Amazon.

FactSnippet No. 1,885,590

Some other large e-commerce sellers use Amazon to sell their products in addition to selling them through their websites.

FactSnippet No. 1,885,591

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.

FactSnippet No. 1,885,592

Amazon allows users to submit reviews to the web page of each product.

FactSnippet No. 1,885,593

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.

FactSnippet No. 1,885,594

In 2010, Amazon was reported as being the largest single source of Internet consumer reviews.

FactSnippet No. 1,885,595

When publishers asked Bezos why Amazon would publish negative reviews, he defended the practice by claiming that Amazon.

FactSnippet No. 1,885,596

However, Amazon has now begun to release point of sale data via the Nielsen BookScan service to verified authors.

FactSnippet No. 1,885,597

In November 2015, Amazon opened a physical Amazon Books store in University Village in Seattle.

FactSnippet No. 1,885,598

In June 2018, it was reported that Amazon planned to open brick and mortar bookstores in Germany.

FactSnippet No. 1,885,599

In 2020, Amazon Fresh opened several physical stores in the US and the United Kingdom.

FactSnippet No. 1,885,600

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.

FactSnippet No. 1,885,601

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.

FactSnippet No. 1,885,602

In September 2021, Amazon announced the launch of Astro, its first household robot, powered by its Alexa smart home technology.

FactSnippet No. 1,885,603

Amazon owns over 40 subsidiaries, including Amazon Web Services, Audible, Diapers.

FactSnippet No. 1,885,604

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.

FactSnippet No. 1,885,605

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.

FactSnippet No. 1,885,606

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.

FactSnippet No. 1,885,607

Amazon first launched its distribution network in 1997 with two fulfillment centers in Seattle and New Castle, Delaware.

FactSnippet No. 1,885,608

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.

FactSnippet No. 1,885,609

In September 2006, Amazon launched a program called FBA whereby it could handle storage, packing and distribution of products and services for small sellers.

FactSnippet No. 1,885,610

Amazon read many emails addressed by customers to his public email address.

FactSnippet No. 1,885,611

In December 2011, Amazon faced a backlash from small businesses for running a one-day deal to promote its new Price Check app.

FactSnippet No. 1,885,612

In 2019, Amazon banned selling skin-lightening and racist products that might affect the consumer's health.

FactSnippet No. 1,885,613