Using up-to-date information, you need to research Amazon. In a minimum of two paragraphs, provide a...

Using up-to-date information, you need to research Amazon. In a minimum of two paragraphs, provide a company background. At a minimum, you must include a brief company history, the company's industry, market, and any major company news that has or may impact either the company or its industry over the past year.

Expert Solution

As Everyone knows Amazon is leading E commerce company founded by Jeff bezos on 5 July 1994.In 2002 he started Amazon Web services which provided data on website popularity, internet traffic patterns and and other statistics for marketers and developers. Bezos chose the name Amazon because it looks exotic and different and amazon river is the biggest river in the world. And in 2012 Amazon bought Kiva systems to automate it's inventory management business

Amazon first launched distribution work in 1997 in Seattle and new castle. Year by year company picked up its revenue in 2018 Amazon reported 10,074 Million As net income eraned during the year and it also faced lots of criticism during it's growth such as placing a low priority warehouse condition on workers, deleting the contents in Amazon Kindle after users purchasing it and many other issues. And now Amazon have 49 subsidiaries including Imdb, Twitch

ekkarill92 answered 1 year ago

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