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Amazon (company) Amazon.com, Inc., [ 1] doing business as Amazon ( / ˈæməzɒn /, AM-ə-zon; UK also / ˈæməzən /, AM-ə-zən ), is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [ 5]
Jeff Bezos. Jeffrey Preston Bezos ( / ˈbeɪzoʊs / BAY-zohss; [ 2] né Jorgensen; born January 12, 1964) is an American business magnate best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world, with a net ...
Andy Jassy. Andrew R. Jassy (born January 13, 1968) [5] is an American business executive who is the president and chief executive officer (CEO) of Amazon. Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, [6] [7] Jassy had been the SVP and CEO of Amazon Web Services from 2003 to 2021.
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Advertising sales under Aubrey have grown rapidly, jumping 24% to $47 billion in 2023 from $38 billion in 2022. The company recently began inserting ads into its Prime Video streaming offering.
Amazon charges its third-party merchants a referral fee for each sale which is a percentage of the sales price. Additionally fulfillment by Amazon (FBA) fees, referral fees, subscription fee and storage fees. and also the advertising on Amazon which is optional. As of 2020, third-party sales on Amazon accounted for 54% of paid units. [2]