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Amazon is an American e-commerce company that started selling books and then expanded its products, to later revolutionize the world of shopping and electronic stores, the value of its goods exceeding a hundred billion dollars annually.
Foundation
The “Amazon.com” company was founded on July 5, 1994, in Washington state by Jeff Bezos, who began establishing a private company for selling via the Internet known as “Amazon Store”. The site officially opened on July 16, 1995, and was Douglas Hofstadter’s first book sold, entitled “Fluid Concepts and Creative Comparisons … Computer Models of the Basic Mechanisms of Ideas.”

Amazon offers thousands of goods in multiple industries such as clothing, electronics, sports goods, books, cosmetics, etc., and it has no place on the ground, but it has warehouses in which the goods are stored until they are sent to their owners at their home addresses or the addresses of shipping companies’ offices.

Apart from e-commerce, it also provided computer services that recorded revenues of $ 8 billion in 2015, and Bezos announced a plan to launch a video site to compete with YouTube.

Among the services provided by the company is the “Prime” service, which can be subscribed to for a $ 100 annual fee. Amazon has managed to build a broad base estimated at fifty million subscribers from the most spending shoppers.

The company considers the service of “Prime” a key element in its strategy to dominate the world of e-commerce. The founder and CEO of Amazon wrote in his annual address to shareholders in April 2016 that Prime has become a way to fulfill all of the physical and digital needs of shoppers, and said he wants Prime to be an attractive deal to the point where not subscribing becomes an “irresponsible” behavior.

Amazon has also taken a new step in competing with companies that rent and sell video files over the Internet, such as “Netflix”, by providing a service to broadcast video files to users around the world.

Amazon provided a vision for a project to establish huge warehouses “in the sky” equipped with a fleet of unmanned aircraft to deliver goods to several selected locations. The huge balloons will carry stores that will fly over places that the company believes will witness a great demand for the purchase of certain products.

Amazon says stores could be located near the site of sporting events or festivals believed to see the sale of food products or souvenirs.

And Amazon had earlier carried out the first delivery of goods via a drone, as part of an experiment it conducted in Cambridge.

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