Table of Contents
Company Name
Company Details & Summary
Amazon.com, Inc. (Amazon) operates as both a retailer and a web host. Products offered by the business include garments, automobile and industrial supplies, cosmetics and health aids, consumer electronics, food, games, jewellery, infant and youth things, motion pictures and music, sports equipment and toys. It also offers complementary services like hosting websites in the cloud and delivering packages to customers’ homes. Amazon sells these items on its own websites and retail stores. In addition to the main sellers, many more vendors utilize these channels to market their wares. Amazon also develops and sells electronic products such as the Kindle e-reader, the Fire tablet, the Fire TV, the Echo, the Echo Dot, and the Alexa-enabled gadgets. Authors, singers, filmmakers, and others may all publish and sell their work using the service. Seattle, Washington serves as the home base for Amazon.com Inc.
On July 5th, 1994, Jeff Bezos started Amazon out of his garage in Bellevue, Washington. The Everything Store was founded as an online bookstore but has now branched out into selling various goods. There are several other divisions inside the company, such as Amazon Web Services (cloud computing), Zoox (autonomous cars), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Besides Whole Foods Market, it also owns Ring, Twitch, IMDb, and a video game streaming service. In August 2017, it paid US$13.4 billion to acquire Whole Foods, significantly expanding its physical retail presence.
Thanks to its technology innovation and “aggressive” reinvestment of revenues into capital expenditures, Amazon has been known as an industry disruptor. By 2021’s estimates, the company’s online retail and marketplace operations, smart speaker offerings, AWS-powered cloud computing services, Twitch-powered live-streaming offerings, and overall Internet market share will have made it the biggest of its kind in the world. Powered largely by its premium membership plan, Amazon Prime, which has over 200 million users worldwide, eclipsed Walmart as the world’s biggest retailer outside of China in 2021. It has over a million employees, making it the second biggest private employer in the United States.
Company Information
Company Timeline & History
There is little doubt that the history of Amazon is turbulent and rife with contentious issues. Nevertheless, at its heart, it is one of the most renowned business success stories, and it teaches us that the only way to turn a concept into reality is to be resolute in the face of adversity and to remain focused on the route of least resistance.
On July 5, 1994, Jeff Bezos, who would later go on to form Amazon, launched the company as an online book store. However, throughout the course of the company’s history, it has grown to become one of the most valuable businesses in the world. Currently, Amazon sells practically everything that comes to mind.
Here is the Timeline of important events of Amazon from the start till now:
Company Milestones
- 1994 – Amazon founded
- 1997 – IPOs at $18.00/share
- 1998 – Expands beyond books
- 1999 – zShops launches
- 2002 – Lawsuit against Barnes & Noble
- 2010 – Kindle e-books outsell hardcover books
- 2013 – Amazon Launches in India
- 2015 – 1st physical store
- 2017 – Search for 2nd HQ announced
- 2018 – $1 trillion market cap reached, NY and Virginia to become Amazon HQ2, Minimum wage $15/h
- 2019 – 25-year anniversary, NY HQ plans scrapped
- 2021 – Jeff Bezos steps down as CEO
Products Launch
- 2003 – A9.com
- 2005 – Amazon Prime, Amazon Mechanical Turk
- 2006 – Amazon S3, Amazon Elastic Compute Cloud
- 2007 – Amazon Fresh, Amazon Music, Amazon Kindle
- 2011 – Amazon Instant Video, Amazon Appstore
- 2014 – Kindle Fire, Amazon Alexa
- 2015 – Amazon Underground
- 2016 – Amazon Prime Air
- 2019 – Amazon Care
Acquisitions
- 1998 – IMDB
- 2004 – Joyo
- 2008 – Audible
- 2009 – Zappos
- 2012 – Kiva Systems
- 2013 – Good Reads
- 2014 – Twitch
- 2017 – Whole Foods
- 2018 – Pill Pack
- 2022 – MGM
Have a look at the full timeline of the company here: Amazon Timeline
Company Managerial Structure
Company Structure
Managerial Structure
Board of Directors
Company Mission, Vision and Values
Mission Statement
We strive to offer our customers the lowest possible prices, the best available selection, and the utmost convenience.
Vision
To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.
Core Values
Company Subsidiaries- Companies and brands, Acquisitions
Amazon.com, Inc. is a Seattle, Washington-based American electronic commerce and cloud computing firm. Amazon, an online bookshop founded by Jeff Bezos on July 5, 1994, went public with an initial public offering on May 15, 1997, in the middle of the dot-com boom. Amazon made its first three acquisitions on April 27, 1998, less than a year after its IPO, due to the capital raised from its first public offering.
On March 11, 2000, when the dot-com bubble burst, numerous firms in which Amazon had invested went bankrupt, and Amazon’s stock price plummeted to historic lows. The business made little investments over the next decade despite Amazon’s survival, purchasing just two startups between 2000 and 2004. In 2005, the corporation resumed making numerous acquisitions each year, with an emphasis on internet shops and media websites. Amazon started acquiring technology businesses in 2011 in order to build and enhance Amazon Echo and expand its Amazon Web Services division.
Amazon has expanded its portfolio of acquisitions across many industry sectors, with the purchase of Whole Foods Market for $13.7 billion on June 16, 2017, being its biggest acquisition. Here is the list of subsidiaries which contains the latest information about the Amazon Inc Acquisitions:
Products and Services
E-commerce, cloud computing, digital streaming, and AI are the main areas of concentration for Amazon.com, Inc., an American multinational technology firm. Considered “one of the most significant economic and cultural forces in the world,” it also ranks high on the list of the most valuable brands in the world. Along with Alphabet, Apple, Meta, and Microsoft, it is one of the “Big Five” American IT giants. It has many products and developed many more services along the path to the top.
Competitors Comparison
Key Financials (Last Fiscal Year 2021)
Revenues ($M)
- Amazon revenue for the quarter ending June 30, 2022, was $121.234B, a 7.21% increase year-over-year.
- Amazon revenue for the twelve months ending June 30, 2022, was $485.902B, a 9.61% increase year-over-year.
- Amazon’s annual revenue for 2021 was $469.822B, a 21.7% increase from 2020.
- Amazon’s annual revenue for 2020 was $386.064B, a 37.62% increase from 2019.
Profits ($M)
Gross Profit
- Amazon’s gross profit for the quarter ending June 30, 2022, was $54.810B, a 12.08% increase year-over-year.
- Amazon’s gross profit for the twelve months ending June 30, 2022, was $207.214B, a 14.91% increase year-over-year.
- Amazon’s annual gross profit for 2021 was $197.478B, a 29.28% increase from 2020.
- Amazon’s annual gross profit for 2020 was $152.757B, a 32.85% increase from 2019.
Net Profit
- Amazon’s net income for the quarter ending June 30, 2022, was $-2.028B, a 126.07% decline year-over-year.
- Amazon’s net income for the twelve months ending June 30, 2022, was $11.607B, a 60.57% decline year-over-year.
- Amazon’s annual net income for 2021 was $33.364B, a 56.41% increase from 2020.
- Amazon’s annual net income for 2020 was $21.331B, an 84.08% increase from 2019.
Assets ($M)
- Amazon’s total assets for the quarter ending June 30, 2022, were $419.728B, a 16.49% increase year-over-year.
- Amazon’s total assets for 2021 were $420.549B, a 30.93% increase from 2020.
- Amazon’s total assets for 2020 were $321.195B, a 42.6% increase from 2019.
Total Stockholder Equity ($M)
- Amazon’s EPS for the quarter ending June 30, 2022, was $-0.20, a 126.32% decline year-over-year.
- Amazon’s EPS for the twelve months ending June 30, 2022, was $1.11, a 61.31% decline year-over-year.
- Amazon’s 2021 annual EPS was $3.24, a 54.92% increase from 2020.
- Amazon’s 2020 annual EPS was $2.09, an 81.75% increase from 2019.
Profit Ratios
Equity Debt Ratio
Total Return
For more financial statistics and information, visit Macro Trends.