38 Facts About Amazon Inc


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

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

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Amazon Inc 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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Amazon Inc purchased the Whole Foods Market supermarket chain in 2017.

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Amazon Inc 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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On February 2, 2021, Amazon Inc announced that Jeff Bezos would step down as CEO to become executive chair of Amazon Inc's board in Q3 of 2021.

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Amazon Inc has invested heavily in server capacity and redundancy to handle increased traffic during the Christmas holiday season.

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In 2004, Toys "R" Us sued Amazon Inc, claiming that because of a perceived lack of variety in Toys "R" Us stock, Amazon Inc had knowingly allowed third-party sellers to offer items on the service in categories that Toys "R" Us had been granted exclusivity.

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

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

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

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

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Publishers can signup as affiliates and receive a commission for referring customers to Amazon Inc by placing links to Amazon Inc on their websites if the referral results in a sale.

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Worldwide, Amazon Inc has "over 900, 000 members" in its affiliate programs.

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In 2019, Amazon Inc launched a bigger local online store in Singapore to expand its product selection in the face of intensifying competition with competitors in the region.

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In July 2019, the 3rd U S City Court of Appeals in Philadelphia ruled that Amazon can be held accountable for faulty third-party sales.

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

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

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

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

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

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

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

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In September 2020, Amazon Inc 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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Amazon Inc 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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In September 2021, Amazon Inc announced the launch of Astro, its first household robot, powered by its Alexa smart home technology.

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Amazon Inc directly employs people to work at its warehouses, bulk distribution centers, staffed "Amazon Inc Hub Locker+" locations, and delivery stations where drivers pick up packages.

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

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

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

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Kuiper Systems LLC, is a subsidiary of Amazon Inc, set up to deploy a broadband satellite internet constellation with an announced 3, 236 Low Earth orbit satellites to provide satellite based Internet connectivity.

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

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

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