Amazon.com Inc Overview
Company Headquarters: US
Founded: 1994
Workforce: ~ 16,08,000
Company Working: Amazon.com Inc. (Amazon) is a cloud computing and e-commerce company and the largest internet retailer globally in terms of sales and market capitalization. The company operates through three segments: North America, international, and amazon web services. Operating in North America and international markets, Amazon offers services through its websites and enables app developers, authors, filmmakers to publish and sell content via its branded websites. The international segment primarily covers retail sales of consumer products and subscriptions through focused websites. The amazon web services (AWS) segment consists of computing storage, database, and other service offerings for start-ups, enterprises, government agencies, and academic institutions. AWS provides live streaming solutions that combine AWS elemental media package and AWS elemental medialive with amazon cloud front to deliver live content globally. AWS is one of the subsidiaries of Amazon.com, Inc. few other subsidiaries of Amazon.com, Inc. are Audible, Zappos, Amazon Books, and Alexa Internet
Strategy
Amazon's strategy is based on leveraging its technological capabilities for business success. The company follows a cost leadership strategy to offer maximum value to its customers at the lowest price. To increase its sales, it focuses on improving all aspects of customer experience, including affordability, ease of use, and reliability. To enhance its corporate network and increase its technical expertise, Amazon invests in acquiring and building partnerships with several technology giants. It has set several strategic priorities that would drive growth and improve revenue in the upcoming years. The company follows product development as a supporting strategy for its business growth.
