What does Amazon do? Why is Jeff Bezos so rich?

Amazon (Amazon for short; ), the largest online e-commerce company in the United States, was founded by Jeff Bezos in Seattle, Washington on July 1995, and was one of the first companies to start e-commerce on the Internet.

At first, Amazon only operated online book sales business, but now it has expanded to a wide range of other products. It has become the world's largest online retailer and the second largest Internet company. The company also includes subsidiaries such as AlexaInternet, A9, Lab 126 and IMDB. Amazon and other suppliers provide buyers with millions of unique new, refurbished and second-hand goods, such as books, movies, music and games, digital downloads, electronic products and computers, home gardening products, toys, baby products, food, clothing, shoes and jewelry, health and personal care products, sports and outdoor products, toys, automobiles and industrial products.

In August, 2004, Amazon wholly acquired Joyo.com, combining Amazon's leading online retail expertise with Joyo's rich market experience in China, further enhancing the customer experience and promoting the development of e-commerce in China. In June of 20 16, Amazon ranked 8th among the global 100 most valuable brands in June of 20 16. 20 17 February, Brand Finance released the list of the top 500 global brands of 20 17, and Amazon ranked third. Ranked 12 in the Fortune 500 list released on June 7, 20/kloc-0. 20 17 June, "BrandZ 2065 438+07 Most Valuable Global Brands 100 Top" was released, and Amazon ranked fourth.