Amazon is one of the world's largest and most influential technology companies, headquartered in Seattle, Washington. Founded in 1994 by Jeff Bezos as an online bookstore, Amazon has since evolved into a diversified multinational conglomerate with operations spanning e-commerce, cloud computing, digital streaming, artificial intelligence, and more. With its customer-centric approach, Amazon has continually revolutionized the way people shop online, offering a wide range of products and services across different sectors.
Amazon's key to success lies in its commitment to innovation and diversification. From launching Amazon Web Services (AWS), which powers the internet, to acquiring companies that enhance its ecosystem, Amazon has remained at the forefront of technological advancements. Today, Amazon operates in over 100 countries, employs more than 1.5 million people globally, and is recognized for its influential brands such as Prime Video, Kindle, and Alexa.
CEO and Founder of Amazon
Jeff Bezos founded Amazon in 1994 with the vision of creating an online marketplace where customers could conveniently purchase books. Over the years, his leadership transformed Amazon into a trillion-dollar conglomerate, branching out into new industries such as cloud computing, AI, and media. Bezos served as the CEO of Amazon until July 2021, when he stepped down, passing the role to Andy Jassy, the former head of Amazon Web Services. Under Bezos’ guidance, Amazon became one of the most valuable companies in the world, with a market capitalization exceeding $1.3 trillion in 2024. Even after stepping down as CEO, Bezos remains actively involved in the company’s long-term strategy as its executive chairman.
List of Top Companies Under Amazon
Amazon has acquired and established several companies over the years, expanding its portfolio in various industries, from cloud computing to grocery retail. Below is a list of the top companies owned by Amazon, along with their approximate valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Amazon Web Services (AWS) | 2006 | $500 Billion | Cloud Computing |
| Whole Foods Market | 2017 (Acquired) | $14 Billion | Grocery Retail |
| Twitch | 2014 (Acquired) | $15 Billion | Live Streaming/Entertainment |
| Zappos | 2009 (Acquired) | $1.2 Billion | Online Retail (Footwear) |
| Ring | 2018 (Acquired) | $1.7 Billion | Home Security Systems |
| IMDb | 1998 (Acquired) | $2 Billion | Entertainment Database |
| Audible | 2008 (Acquired) | $4 Billion | Audiobook Services |
| PillPack | 2018 (Acquired) | $1 Billion | Online Pharmacy |
| Souq.com | 2017 (Acquired) | $580 Million | E-commerce (Middle East) |
| Eero | 2019 (Acquired) | $97 Million | Wi-Fi Mesh Networks |
FAQs About Amazon
Q1: When was Amazon founded, and by whom?
A: Amazon was founded in 1994 by Jeff Bezos. Initially an online bookstore, it has grown into a global tech giant.
Q2: Who is the current CEO of Amazon?
A: Andy Jassy is the current CEO of Amazon, having taken over from Jeff Bezos in July 2021.
Q3: What is Amazon Web Services (AWS)?
A: Amazon Web Services (AWS) is Amazon's cloud computing division, offering a wide range of services such as storage, machine learning, and networking. It is a major revenue driver for Amazon and is valued at around $500 billion.
Q4: What are some of the top companies owned by Amazon?
A: Some of the top companies owned by Amazon include Whole Foods Market, Twitch, Zappos, Ring, Audible, IMDb, and PillPack.
Q5: What is Amazon’s market capitalization?
A: As of 2024, Amazon's market capitalization exceeds $1.3 trillion, making it one of the most valuable companies globally.
Q6: What is Amazon’s role in the entertainment industry?
A: Amazon owns Prime Video, Twitch, IMDb, and Audible, making it a major player in digital streaming, live entertainment, and audiobook services.
