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homeAmazon News

Amazon NEWS

Amazon
About Amazon
Amazon.com is a massive Web-based business which concentrates on multiple segments like books, entertainment, movies, furnishings, technology, games, and a wide range of other products. Transactions are being made directly or as an intermediary between other merchants and Amazon.com's consumer base. Their Web services sector comprises licensing data processing and computing over the Internet, known as "cloud computing." 
Concerning a buyer marketing approach, the company offers a massive portfolio of brands and stock levels, allowing buyers to shop almost everything, such as garments, cosmetic merchandise, fashion accessories, publications, movies, telecommunications equipment, care products, housewares, games, equipment and supplies, and consumer durables.
Amazon Web Services
This extensive and ever-changing cloud computing infrastructure was also established in the 2000s. Amazon Web Services (AWS) introduced its first products in 2006 that can provide internet platforms for websites, including client software. With the introduction of their Kindle e-reader in 2007, Amazon influenced how people read books by improving the way they bought them. Users may use this device to explore, purchase, and enjoy the Kindle Store's ebooks, periodicals, and magazines.
Amazon Customer Service
From creating and maintaining world-class technologies to constructing and administering products and programs to dealing directly with customers, all who contribute to Customer Service are committed to minimising and tackling consumer issues.
Amazon's Customer Service team is always looking for new ways to meet customers' needs. They play an essential role in understanding customer needs and raising issues so that Amazon may develop and provide leading-edge customer support.
Amazon Stock
When Amazon filed for its first public offering in 1997, it was just three years into existence and had no clear visibility of success. It was up against numerous competitors, including Simon & Schuster and Barnes & Noble, actively retailing books online.
Amazon went public on May 15, 1997, with a share price of $18 on the NASDAQ underneath the symbol AMZN. On the day of the IPO, the stock price climbed and finished at $23.50, valuing the firm at $560 million. Amazon shares ended at $961.35 on the 20th anniversary of its IPO, giving the business a market value of around $466.2 billion. That's 490 times the stock's split-adjusted price. Since their initial public offering, they have exponentially grown.

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