Amazon
Founded by Jeff Bezos on July 5, 1994, Amazon is an American multinational technology company which originally began as an online bookstore. Today, it has expanded its scope of products and services, becoming one of the world's largest technology companies.
At present, it is led by Andy Jassy, who succeeded Bezos as the CEO after the latter resigned in 2021.
Amazon's primary business is its online marketplace, where it sells products in various categories such as electronics, books, apparel, home goods, and more.
In 2005, Amazon introduced its subscription service, Amazon Prime, which offers benefits like free two-day shipping, access to the OTT platform Amazon Prime Video, ad-free music streaming, and more. In 2006, Amazon launched its cloud computing platform, Amazon Web Services (AWS).
In 2007, Amazon introduced the Kindle e-reader, which revolutionised the way of reading digital books, newspapers, and magazines. Providing access to a wide range of e-books and digital content, the Kindle ecosystem allows users to purchase and read digital books, newspapers, and magazines on a portable device.
Alongside this, Amazon has also developed two intelligent virtual assistants called Alexa and Echo. These devices can perform tasks, interact with users through voice commands, control smart home devices, play music, and more.
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Leadership
Jeff Bezos’ leadership playbook: Lessons for every leader
Saniya Ahmad Khan | December 26, 2024
Discover Jeff Bezos' leadership lessons that can help you inspire teams, make bold decisions, and lead like a visionary boss.
In Depth
In 2024, quick commerce growth boomed. Players now eye the sweet spot of profitability
Akshita Toshniwal | December 26, 2024
With consumers looking at quick commerce players like Zepto, Blinkit, and Instamart for everything, from eggs to iPhones, the companies now aim for profitability and expansion.
In-focus
Gym at home: Hyderabad fitness tech startup Portl launches strength training device
Abha Warrier | December 25, 2024
Founded in 2021, Hyderabad based fitness and wellness tech startup Portl has launched its new product, UltraGym.
life skills
12 life lessons from billionaires for success and growth
Saniya Ahmad Khan | December 24, 2024
Discover 12 powerful lessons from billionaires like Gates, Buffett, and Musk. Embrace their principles to achieve personal and professional success.
Daily Capsule
Why the jobs market is cautiously optimistic; EV startups hit the road in 2024
Team YS | December 24, 2024
The hiring landscape in 2024 witnessed a delicate balance between caution and optimism. In 2024, EVs entered the mainstream. According to the national vehicle registry Vahan, 1.8 million EVs were sold this year till November.
In-focus
Floworks aims to crack sales automation code with AI employees
Ishan Patra | December 24, 2024
Floworks AI is simplifying sales automation by using AI-powered employees to handle tasks like prospecting, outreach, and follow-ups, helping businesses improve efficiency and boost conversion rates.
Interview
The future is now: Exploring Generative AI’s role in India’s public sector innovation
Surya Kannoth | December 23, 2024
Discover how Gen AI is transforming governance, education, healthcare, and more in the first episode of the Gen AI series from Bharat Innovators Series by AWS, AMD and YourStory. From AI-powered procurement platforms like GeM to adaptive learning tools and innovations in healthcare, this insightful