Inside Amazon warehouse where 1,000 workers race to beat Black Friday rush with 86 items sold every SECOND

Amazon

Staff at the retail giant’s warehouse could be seen racing to fill orders in time for one of the busiest shopping days of the year

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Amazon.com, Inc. ,  is an American electronic commerce and cloud computing company with headquarters in Seattle, Washington. It is the largest Internet-based retailer in the world by total sales and market capitalization.[14] Amazon.com started as an online bookstore, later diversifying to sell DVDs, Blu-rays, CDs, video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys and jewelry. The company also produces consumer electronics—notably, AmazonKindle e-readers, Fire tablets, and Fire TV—and is the world’s largest provider of cloud infrastructure services (IaaS). The company also sells certain low-end products like USB cables under its in-house brand AmazonBasics.

The company has separate retail websites for the United States, the United Kingdom and Ireland, France, Canada, Germany, Italy, Spain, Netherlands, Australia, Brazil, Japan, China, India and Mexico. The company also offers international shipping to certain other countries for some of its products. In 2016, Dutch and Polish language versions of the German Amazon website were launched.

In 2015, the company surpassed Walmart as the most valuable retailer in the United States by market capitalization, and is, as of 2016 Q3, the fourth most valuable public company.

The company was founded in 1994, spurred by what Amazon founder Jeff Bezos called his “regret minimization framework,” which described his efforts to fend off any regrets for not participating sooner in the Internet business boom during that time.[21] In 1994, Bezos left his employment as vice-president of D. E. Shaw & Co., a Wall Street firm, and moved to Seattle. He began to work on a business plan for what would eventually become Amazon.com.

Jeff Bezos incorporated the company as “Cadabra” on July 5, 1994. Bezos changed the name to Amazon a year later after a lawyer misheard its original name as “cadaver”. In September 1994, Bezos purchased the URL Relentless.com and briefly considered naming his online store Relentless, but friends told him the name sounded a bit sinister. The domain is still owned by Bezos and still redirects to the retailer. The company went online as Amazon.com in 1995.

Bezos selected the name Amazon by looking through the dictionary, and settled on “Amazon” because it was a place that was “exotic and different” just as he planned for his store to be; the Amazon river, he noted was by far the “biggest” river in the world, and he planned to make his store the biggest in the world

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