Amazon is a very famous online shopping site founded by Jeff Bezos, in 1994. It is well known for its online shopping stocks, and fast delivery of products. Now, Amazon also offers groceries which have made it more convenient for the users to shop.
In the year 2018, Amazon has updated the total earnings of $10.07 billion, with annual revenue of $232.887 billion, which was 30.9% more than the previous year. Amazon charges a small amount of the profit from the products that are sold on the site and allows many companies to advertise their product with the help of Amazon, for it charges an amount.
The market capitalization of Amazon was about $1 trillion at the starting of February 2020. The total number of employees at Amazon is 798,000. The sales of Amazon increased when they started groceries and online streaming too.
In COVID-19 pandemic, AMZN stock at https://www.webull.com/quote/nasdaq-amzn had put a lot of effort into taking care of their customers and employees. The owner of Amazon, Jeff Bezos has spent $4 million on the hygiene of the employees and provided all the essential things for safety. The number of covid tests was also increased to keep the employees safe. Amazon has also served people during a pandemic will complete safety and by following all the necessary guidelines provided by the government.
Jeff Bezos has also announced to spend $ 2 billion to provide housing near the Amazon office in the U.S. And also Amazon is the first company to buy 11 jets to deliver orders as early as possible. Amazon is increasing its sales day by day and providing the best service that is satisfying for all the Amazon customers.
Amazon has raised its stock in the past few years and has been very successful. Amazon is a very famous name in the whole world and thus is trusted too. People invest easily on the stocks of Amazon. It has also added many customers with it, by the Amazon original web series that are highly entertaining and rated good by the viewers. Amazon has updated its apps and added many new features which have made shopping easy for the customers in the whole world.
In this article, you will find the most famous e-commerce company that is Amazon. It is famous in the whole world for its facilities for online shopping and shipment. It is also known for the online series, music, TV shows and movies for the entertainment of people. Amazon is the most demanded and loved online site in the world. Before investing, you can check AMZN stock news.