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Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
The National Institute for Space Research (INPE) in Brazil estimated that at least 7,747 km 2 (2,991 sq mi) of the Brazilian Amazon rainforest were cleared during the first half of 2019. [63] INPE subsequently reported that deforestation in the Brazilian Amazon reached a 12-year high between August 2019 and July 2020.
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Topography of the Amazon River Basin. The Amazon River ( UK: / ˈæməzən /, US: / ˈæməzɒn /; Spanish: Río Amazonas, Portuguese: Rio Amazonas) in South America is the largest river by discharge volume of water in the world, and the longest or second-longest river system in the world, a title which is disputed with the Nile.
In 2021, following the company's shift to target smaller customers to boost profits during the COVID-19 pandemic, UPS reported a 21% jump in their fourth quarter sales to $24.9 billion. CEO Carol Tomé reported that Amazon paid UPS $11.3 billion in shipping in 2020, accounting for 13.3% of the company's revenue.
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